Parliament

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

 

Huge potential in China

China has huge potential as a trading partner for New Zealand, Trade Negotiations Minister Jim Sutton said today.

Mr Sutton urged businesses to follow up on opportunities provided by Prime Minister Helen Clark's successful visit to China.

"The Prime Minister's visit confirms the excellent relations between New Zealand and China. Both Chinese president Jiang Zemin and premier Zhu Rongji were swift to point out the long-standing links between our two countries and spoke of the warm feelings Chinese people had towards New Zealand."

Mr Sutton said he hoped to lead a trade mission to western China after the APEC trade ministers' meeting in Shanghai in June.

"China is soon to join the World Trade Organisation. This will mean tariff reductions and other advantages which will give an immediate boost to many New Zealand industries.

"Make no mistake, trade liberalisation boosts incomes and creates jobs for New Zealanders. Our future prosperity is very much dependent on our success in growing our trade with North Asian economies.

"While there are many opportunities in China's services and technology sectors, our old stand-by agriculture is an important area for export development as well."

Mr Sutton said a Memorandum of Understanding (MOU) on agriculture, signed between the New Zealand Ministry of Agriculture and Forestry and the Chinese Ministry of Agriculture last month, would lead to greater co-operation and opportunity between the two countries.

The signing of the MOU established a Joint Agriculture Commission (JAC) to facilitate closer co-operation and improved dialogue between the two countries through a range of initiatives and activities in the field of agriculture. It would provide a platform for businesses in both countries to develop new business opportunities in higher-value markets.

Mr Sutton said New Zealand's market access interests in China's agricultural sector were expanding, with China representing a huge opportunity for New Zealand businesses due to its overwhelming size and relative proximity to us.

Between 1990 and 2000, the value of New Zealand's exports to China increased by over 360 percent, from $156 million to $724 million. China was New Zealand's sixth largest export market for the year ended June 2000.

Parallel arrangements with agencies responsible for biosecurity, food assurance, sanitary and phytosanitary matters and forestry issues, are currently also being negotiated by both countries.

ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

New Reports: Flood Risk From Rain And Sea Under Climate Change

One report looks at what would happen when rivers are flooded by heavy rain and storms, while the other examines flooding exposure in coastal and harbour areas and how that might change with sea-level rise.

Their findings show that across the country almost 700,000 people and 411,516 buildings worth $135 billion are presently exposed to river flooding in the event of extreme weather events...

There is near certainty that the sea will rise 20-30 cm by 2040. By the end of the century, depending on whether global greenhouse gas emissions are reduced, it could rise by between 0.5 to 1.1 m, which could add an additional 116,000 people exposed to extreme coastal storm flooding. More>>

ALSO:

 
 

Gordon Campbell: On The Commerce Commission Fuel Report

The interim Commerce Commission report on the fuel industry will do nothing to endear the major oil companies to the New Zealand public... More>>

ALSO:

Emergency Govt Bill: Overriding Local Licensing For The Rugby

“It’s pretty clear some clubs are having difficulty persuading their district licensing committees to grant a special licence to extend their hours for this obviously special event, and so it makes sense for Parliament to allow clubs to meet a community desire." More>>

ALSO:

Leaving Contract Early: KiwiBuild Programme Losing Another Top Boss

Ms O'Sullivan began a six-month contract as head of KiwiBuild Commercial in February, but the Housing Ministry has confirmed she has resigned and will depart a month early to take up a new job. More>>

ALSO:

Proposed National Policy Statement: Helping Our Cities Grow Up And Out

“We need a new approach to planning that allows our cities to grow up, especially in city centres and around transport connections. We also have to allow cities to expand in a way that protects our special heritage areas, the natural environment and highly productive land." More>>

ALSO:

Ombudsman's Report: Ngāpuhi Elder 'Shocked' By Conditions At Ngawha Prison

A prominent Ngāpuhi elder is shocked to find inmates at Ngawha Prison are denied water and forced to relieve themselves in the exercise yard... Chief Ombudsman Peter Boshier has released a report highly critical of conditions at the Northland prison. More>>

ALSO:

Promises: Independent Election Policy Costing Unit A Step Closer

The creation of an entity to provide political parties with independent and non-partisan policy costings is a step closer today, according to Finance Minister Grant Robertson and Associate Finance Minister James Shaw. More>>

ALSO:

School's In: Primary And Intermediate Principals Accept New Offer

Primary and intermediate school principals have voted to accept a new settlement from the Ministry of Education, which includes entrenched pay parity with secondary principals. More>>

ALSO:

IPCA On 'Rawshark' Investigation: Multiple Police Failings In Hager Searches Confirmed

The Independent Police Conduct Authority has found that the Police's unlawful search of Nicky Hager's property in October 2014 resulted from an unwitting neglect of duty and did not amount to misconduct by any individual officer... More>>

ALSO:

Broadcasting Standards: Decisions On Coverage Of Mosque Attacks

The Authority upheld one of these complaints, finding that the use of extensive excerpts from the alleged attacker’s livestream video on Sky News New Zealand had the potential to cause significant distress to audiences in New Zealand, and particularly to the family and friends of victims, and the wider Muslim community. More>>

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels