Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Trade Minister Announces E-Commerce Strategy

Trade NZ initiative to enable exporters to trade online

Minister for Trade Negotiations, Hon Jim Sutton, today announced a major e-commerce initiative for Trade New Zealand that will help small and medium exporters gain much-needed access to the new global economy and increase overall export earnings through trading online.

E-commerce is now a significant driver in the global economy and we can’t afford to have our small and medium exporters left behind in this online revolution,’ Mr Sutton said.

‘Timeliness is critical. So far, New Zealand has been slow to fully embrace e-commerce. We have to act now to bridge that gap and Trade New Zealand’s innovative strategy, which has been under development for nine months, is the perfect start.’

The two-year project ‘ the single biggest initiative Trade NZ has undertaken in recent years ‘ aims to lead and facilitate New Zealand exporters ‘ entry into e-commerce by: Promoting and educating exporters about e-commerce opportunities Improving delivery of Trade NZ services to exporters by adding online services to a multiple-channel approach Enabling exporters to expand their traditional business practices to include effective competition online. The new strategy addresses an increasing market demand among exporters and their customers for e-commerce, particularly business-to-business e-commerce, which is predicted to grow globally from US$109 billion in 1999 to US$1331 billion by 2003.

Mr Sutton said: ‘New Zealanders have been significant users of new technologies, but the business-to-business element of e-commerce is under subscribed here, and we are two to three years behind the US and Europe. There is no substantive reason why true e-commerce, involving transactions and payments, should not be taken up by small and medium size businesses as they have been in economies such as Singapore and Ireland.

‘Trade New Zealand’s mission is to foster the development and expansion of foreign exchange earnings by taking a leadership role in issues that affect exporters. This e-commerce strategy not only addresses specific issues raised by exporters, but will also enable more businesses to take their first steps into exporting and expand our current exporter base.

‘New Zealand needs to deliver in the new knowledge economy,’ Mr Sutton said. ‘To do so, we have to be innovative and take advantage of every opportunity. By reducing the barriers of time, distance, language and currency, internet-led technologies offer very efficient ways to reduce these traditional constraints.’

Mr Sutton cited South Korea as an example of a nation that has already embarked on a national strategy, Cyber Korea 21, to build a knowledge-based society, creating more jobs and increasing national productivity through its information infrastructure.

South Korea plans to have 30 million of its 45 million people on-line and trained to use the Internet by the end of next year.

‘Trade New Zealand understands the needs, capabilities and aspirations of exporters, as well as the demands of international markets,’ he said.

‘This unique set of attributes supports an unrivalled ‘capability’ to effectively assist small and medium size businesses in particular to enter e-commerce.

‘We also see this as a leading implementation of Government’s overall strategy to put New Zealand government services online.’

ends


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>

ALSO:

Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>

ALSO:

More Justice & Corrections

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news