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

 

Post Cab Presser: Inquiries And Consciences

This afternoon the Prime Minister John Key announced that his cabinet had drafted terms of reference for the Havelock North water contamination inquiry... In response to questions on the Shop Trading Hours Amendment Bill, the Prime Minister said he didn't think allowing National MPs a conscience vote was warranted. More>>

ALSO:

Statistics, Homelessness, Privacy: Auckland City Mission Data Joins Govt Research Database

For the first time, data from an agency outside government, Auckland City Mission, will be included in Statistics New Zealand’s vault of information for researchers. Data from the Auckland City Mission is going into the “Integrated Data Infrastructure” or IDI. More>>

Gordon Campbell: On The Waning Fever For The Olympics

According to the spin merchants and others with an interest in whipping up an audience, these have been our most successful Olympics ever. Huzzah! Yet given that the public spent more money to send our biggest team… you could say our haul in Rio cost more per medal and fewer were earned per athlete than ever before. More>>

ALSO:

Prisons: Corrections Relocates Offender From Maungaraki

The relocation of this offender became necessary as our service provider’s staff had became increasingly uncomfortable with the community’s reaction to their presence. Because of this, the service provider regrettably terminated its contract early. More>>

ALSO:

The Nation: Lisa Owen Interviews Lawrence Yule & Mike Joy

Yule concedes council could have done better job of alerting public… Massey University’s Mike Joy says central government has been “out of the room” when it comes to dealing with dairy intensification and the potential impact on nation’s water quality. More>>

ALSO:

Gordon Campbell: On Chinese Steel Dumping, And The 60s Revival

Guess who isn’t taking any visible action to ensure New Zealand isn’t damaged by China dumping its state-subsidized steel glut cheaply here? More>>

ALSO:

Vietnam:

Rangiriri Pa: Historic Pa And Redoubt Returned To Waikato-Tainui

The historic site of one of the largest battles of the New Zealand Wars has been returned to iwi ownership as part of the 10th anniversary Koroneihana celebrations for Kiingi Tuheitia. More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news