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

 


Boosting trade presence in China, S. America & Middle East

NZTE to boost trade presence in China, S. America & Middle East

The Government is to boost NZTE's trade presence in China, South America and the Middle East to help more New Zealand firms break into these growing markets.

In a speech today to the North Harbour Club, Prime Minister John Key announced that Budget 2014 would contain funding of $69 million over the next four years (including $14 million of reprioritised funding) to help New Zealand Trade and Enterprise assist more exporters to succeed internationally.

“As a small country at the bottom of the world New Zealand’s economic future lies in the strength of our connections to international markets to sell our goods and services,” Economic Development Minister Steven Joyce says.

“China, South America, the Middle East and the ASEAN region provide strong opportunities for New Zealand’s economic future. Lifting our trade with these regions will help create higher paying jobs for Kiwis and their families.”

“As part of the Government’s Business Growth Agenda, the new funding for NZTE in Budget 2014 is about increasing our international footprint in growth markets and getting the right level of resources in the right places,” Trade Minister Tim Groser says.

Seven new NZTE positions are being added in China (on top of the 62 already there); three in South America (one each in Brazil, Chile and Colombia), two in the Middle East (Riyadh and Abu Dhabi); and one in Papua New Guinea. A new trade commissioner was appointed to Indonesia last year alongside increased representation for Education New Zealand and Tourism New Zealand.

“As well as expanding its international network in areas of greatest demand, the funding will enable the agency to deal in a more intensive way with more companies,” Mr Joyce says.

“NZTE works with 3500 companies, focusing intensively on around 500 of those. But the agency has found there are an increasing number of firms wanting this level of service as they seek to break into or expand in international markets.

“Therefore, the budget increase will allow NZTE to lift the number of companies it works with intensively from 500 to 700, over a two-year period. This will ensure more New Zealand firms are helped to break into new markets and expand in existing markets.”

“The increase in funding will also allow on-going investment in NZTE’s high impact programmes in sectors such as health, wine, agribusiness, ICT, food and beverage, marine, and aviation. NZTE assists firms within these sectors to work closer together to ensure New Zealand competes more effectively in these international markets,” Mr Groser says.

These announcements follow other recent Government Business Growth Agenda initiatives to build our export markets including negotiating and implementing free trade agreements; boosting the profile of our tourism and international education sectors; and developing and launching the New Zealand Story to help Kiwi exporters.

“The role of NZTE is to help New Zealand companies achieve international success. This Government has a given it a significant makeover and it is performing well. The additional $69 million will allow NZTE to connect more Kiwi companies with growing markets delivering stronger long-term economic growth for New Zealand,” Mr Joyce says.

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: A Govt. Christmas Bad News Dump -The Skycity Convention Center Blowout & A Negative MBIE Review

If the government really did have good tidings of great joy you can bet it wouldn’t be strewing them about at Christmas time – which is, traditionally, the dumping ground for terrible news that the government fervently hopes the public will be too distracted to notice. And so verily this Christmas Eve we learn of (a) the explosion of costs to the taxpayer and ratepayer of the vile SkyCity convention centre in Auckland and that (b) the government’s flagship MBIE “super-ministry” run by its Minister of Everything is a disaster zone of incompetence and mismanagement. MBIE is a Titanic looking for an iceberg, or so it would seem. More>>

 

Parliament Adjourns:

Greens: CAA Airport Door Report Conflicts With Brownlee’s Claims

The heavily redacted report into the incident shows conflicting versions of events as told by Gerry Brownlee and the Christchurch airport security staff. The report disputes Brownlee’s claim that he was allowed through, and states that he instead pushed his way through. More>>

ALSO:

TAIC: Final Report On Grounding Of MV Rena

Factors that directly contributed to the grounding included the crew:
- not following standard good practice for planning and executing the voyage
- not following standard good practice for navigation watchkeeping
- not following standard good practice when taking over control of the ship. More>>

ALSO:

Gordon Campbell:
On The Pakistan Schoolchildren Killings

The slaughter of the children in Pakistan is incomprehensibly awful. On the side, it has thrown a spotlight onto something that’s become a pop cultural meme. Fans of the Homeland TV series will be well aware of the collusion between sections of the Pakistan military/security establishment on one hand and sections of the Taliban of the other… More>>

ALSO:

Werewolf Satire:
The Politician’s Song

am a perfect picture of the modern politic-i-an:
I don’t precisely have a plan so much as an ambition;
‘Say what will sound most pleasant to the public’ is my main dictum:
And when in doubt attack someone who already is a victim More>>

ALSO:

Flight: Review Into Phillip Smith’s Escape Submitted To Government

The review follows an earlier operational review by the Department of Corrections and interim measures put in place by the Department shortly after prisoner Smith’s escape, and will inform the Government Inquiry currently underway. More>>

ALSO:

Intelligence: Inspector-General Accepts Apology For Leak Of Report

The Inspector-General of Intelligence and Security, Cheryl Gwyn, has accepted an unreserved apology from Hon Phil Goff MP for disclosing some of the contents of her recent Report into the Release of Information by the NZSIS in July and August 2011 to media prior to its publication. The Inspector-General will not take the matter any further. More>>

ALSO:

Drink: Alcohol Advertising Report Released

The report of the Ministerial Forum on Alcohol Advertising and Sponsorship has been released today, with Ministers noting that further work will be required on the feasibility and impact of the proposals. More>>

ALSO:

Other Report:

Leaked Cabinet Papers: Treasury Calls For Health Cuts

Leaked Cabinet papers that show that Government has been advised to cut the health budget by around $200 million is ringing alarm bells throughout the nursing and midwifery community. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news