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

 


New Zealand ranks fourth for enabling trade

Tim Groser
Minister for Trade

2 April, 2014

New Zealand ranks fourth for enabling trade

Trade Minister Tim Groser welcomes the release of a report by the World Economic Forum ranking New Zealand fourth in the world for enabling trade.

The Global Enabling Trade Report 2014 measures the extent that economies have institutions, policy, infrastructure and services in place that facilitate the flow of goods and services.

“New Zealand’s positive result endorses the Government’s Business Growth Agenda,” says Mr Groser.

“New Zealand’s border arrangements and operating environment make it easier for New Zealanders to do business with the rest of world, and for the rest of the world to do business with us.”

According to the index, New Zealand’s border administration ranks sixth out of 138 countries for facilitating the flow of goods and services, while our operating environment is ranked seventh. New Zealand ranks first on integrity and lack of corruption in its trade and payments systems.

Two of the most significant barriers faced by New Zealand exporters are tariff barriers imposed by other countries and the high cost of delay caused by international transportation, according to the Forum.

“Our ambitious FTA agenda is focused on improving New Zealand exporters’ access to international markets. The Government has also taken steps to invest in developing New Zealand’s transport infrastructure, including strengthening rail, sea and air infrastructure.” says Mr Groser.

We will continue to place a high priority on reducing barriers to exporting for New Zealand businesses through the Business Growth Agenda.”

The Global Enabling Trade Report 2014 says that inefficiencies, red tape and poor infrastructure are among key issues preventing economies from fully reaping the benefits of trade. According to analysis by the Forum, even modest reductions in trade barriers would lead to significant increases in global growth.

“New Zealand is collaborating with other countries on measures to facilitate trade, through the WTO and our participation in Australia’s G20 year,” says Mr Groser.

More information on the report can be found at http://wef.ch/getr14

ENDS

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

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:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news