Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Now is the Time for a FTA with Japan

Media Release

12 May 2008

Now is the Time for a Free Trade Agreement with Japan

A Free Trade Agreement with Japan should now be one of the New Zealand government’s highest priorities according to the Wellington Regional Chamber of Commerce.

Chamber Chief Executive, Charles Finny made the comment on the eve of the Japan New Zealand Partnership Forum to be held in Tokyo later this week.

“With the increasing interest in New Zealand’s business relationship with Asia, following the signing of the FTA with China last month, and with food shortages intensifying internationally, now is the time to increase efforts to pursue this objective”, said Mr Finny.

“Japan is the world’s second largest economy and has recently emerged from a period of flat economic performance.

“Japan and New Zealand are natural trade partners with a well established relationship but that relationship has enormous potential to develop further.

Organised by the International Business Forum, of which the Chamber is an active member, the Forum will bring together around 60 leading figures from government, business and the wider community in both countries in an effort to strengthen the Japan New Zealand relationship.

“The Forum is very well timed and both countries should use it has an opportunity to take the necessary steps to commence negotiation of a FTA.

“As global food shortages intensify, a trade agreement with New Zealand would be a good way for Japan to enhance its food security. It would provide New Zealand with access to the world’s second largest economy.

“Japan should take note of China’s successful strategy and move quickly to commence FTA negotiations with New Zealand.

“We also look forward to a successful negotiation of a free trade agreement with Korea and India as well as an immediate resumption of negotiations with Hong Kong,” Mr Finny concluded.


© Scoop Media

Business Headlines | Sci-Tech Headlines


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>


Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>