Parliament

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

 

Minister to attend G20 Trade Ministers’ Meeting

Minister to attend G20 Trade Ministers’ Meeting


Trade Minister Tim Groser will attend the G20 Trade Ministers’ Meeting in Sydney this weekend, and also participate in the preceding Business-20 (B20) summit, which will bring together a number of international business leaders.

“While not a core member of the G20, New Zealand is supportive of the G20’s aims - in particular its aspirations to lift global economic growth,” Mr Groser says.

“G20 countries represent almost 85 percent of global GDP, 75 percent of international trade, and two-thirds of the world’s population. Given the importance of trade for a small and distant economy such as New Zealand, any actions that will support stronger and more sustainable global growth are clearly in our interests.”

Discussions at the G20 Trade Ministers’ Meeting will focus on trade actions that member countries’ will take as part of their Comprehensive Growth Strategies. These strategies comprise a mix of domestic policy actions aimed at raising the level of G20 output by at least two percent above the currently projected level in the next five years.

Ministers will also discuss how to forge a stronger global trading system.

In the margins of these meetings, Mr Groser will meet with a number of his G20 counterparts and some business representatives to discuss trade and investment opportunities in New Zealand as well as progress on our FTA agenda.

Background

The G20 comprises 20 of the world’s major economies, including the European Union, and is the premier forum for its members’ international economic cooperation and decision making. As Chair of the G20 for 2014, Australia has invited New Zealand to participate in all G20-related activities as a guest of its Presidency.

Australia’s G20 year will culminate in a Leader’s Summit on 15-16 November in Brisbane.

The B20 is a forum through which the private sector produces policy recommendations for the annual meeting of the G20 leaders.

ends

© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Not Easy: Gordon Campbell On The Greens’ Ongoing Problems

Hard to treat the Greens’ belated decision to stand a candidate in Ohariu as being anything other than a desperation move, by a party whose own leadership is evidently concerned about its chances of survival...

A few months ago, the Greens felt able to forego that role in Ohariu in order to help a beleaguered Labour Party get its candidate Greg O’Connor across the line, and knock Peter Dunne out of the parliamentary frame. More>>

 

Closing The Gap: Ardern Rules Out Income Tax Rise

After earlier commitments by Jacinda Ardern to do something about inequality and poverty, this new position on income tax seems an about face. To do something significant about inequality requires increases in income for those at the bottom and decreases for those at the top... More>>

ALSO:

Gordon Campbell: On DHB Deficits And Free Trade

Currently the world is looking on aghast at the Trump administration’s plans to slash Obamacare, mainly in order to finance massive tax changes that will deliver most of their gains to the wealthy. Lives will be lost in the trade-off. Millions of Americans stand to lose access to the healthcare they need... More>>

Greens' Response: Slum-Like Rentals Exposed In Renting Review

“...The grim findings of the review are a wakeup call about the true state of rentals in this country. Too many renters are festering in slum-like conditions under the thumb of landlords who have largely unchecked powers and ignore tenants’ complaints when it suits them.” More>>

ALSO:

Gordon Campbell: On The Life And Times Of Peter Dunne

The unkind might talk of sinking ships, others could be more reminded of a loaded revolver left on the desk by his Cabinet colleagues as they closed the door behind them, now that the polls in Ohariu had confirmed he was no longer of much use to National. More>>

ALSO:

Gordon Campbell: On Labour’s Campaign Launch

One of the key motifs of Ardern’s speech was her repeated use of the phrase – “Now, what?” Cleverly, that looks like being Labour’s response to National’s ‘steady as it goes’ warning against not putting the economic ‘gains’ at risk. More>>

ALSO:

Lyndon Hood: Social Welfare, Explained

Speaking as someone who has seen better times and nowadays mostly operates by being really annoying and humiliating to deal with, I have some fellow feeling with the current system, so I’ll take this chance to set a few things straight.. More>>

ALSO:

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election