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

Gordon Campbell:
On The Last Rites For The TPP

The Trans Pacific Partnership trade deal is one of those litmus issues that has always had more to do with one’s place on the political spectrum than with any imminent reality.

To date, the Greens have opposed (a) a wide range of the leaked content of the TPP (b) the secretive way it has been negotiated and (c) the undemocratic way in which any final document would be ratified. Labour has shared some of those concerns, but while remaining generally supportive of the deal itself.

National has, for its part, been very enthusiastic about the TPP, while still giving assurances about Pharmac being protected... For the TPP’s friends and foes alike though, the end now seems nigh. More>>

 
 

Gordon Campbell: On The Farcical Elevation Of David Seymour

With the election won, it’s time to find jobs for the boy. David Seymour is the Act Party’s latest scrounger to be rewarded by the National Party, and not only with a seat in Parliament. More>>

ALSO:

As Key Mulls Joining ISIS Fighting: McCully Speech To UN Backs Security Council Bid

It is an honour to address you today on behalf of the Prime Minister and Government of New Zealand. Our General Election took place last week - our Prime Minister Rt Hon John Key is engaged in forming a government and that is why he is unable to be here in New York... More>>

ALSO:

Labour: Cunliffe Triggers Party Wide Leadership Contest

David Cunliffe has resigned as Labour Leader, but says he will seek re-election... If there is any contest the election will have to go through a process involving the party membership and union affiliates. More>>

ALSO:

Flyover Appeal: Progress And Certainty, Or Confusion And More Delays?

Lindsay Shelton: The Transport Agency, embarrassed by the rejection of its flyover alongside the Basin Reserve, says it’s appealing because the decision could “constrain progress.” Yet for most clear-sighted Wellingtonians a 300-metre-long concrete structure above Kent and Cambridge Terraces would in no way be seen as progress… More>>

ALSO:

Gordon Campbell: On Cunliffe’s Last Stand

Right now, embattled Labour leader David Cunliffe has three options. None of them are particularly attractive for him personally, or for the Labour Party... More>>

ALSO:

Key Seeking 'New Ideas': Look To Children’s Commissioner On Poverty - Greens

John Key should not reinvent the wheel when it comes to ideas for tackling child poverty, and instead look to the recommendations of the Children’s Commissioner’s Expert Group on Child Poverty, Green Party co-leader Metiria Turei says. More>>

ALSO:

'Safe To Re-Enter' - OIA Docs: Safety Is Absolute Priority At Pike River Mine

“We understand that the time it is taking to complete our evaluation of the risks is frustrating for the family members and we are trying to complete this work as quickly as we can,” Ms Dunphy says. “It is Solid Energy’s responsibility to make this decision and we will do so, once we have all the information required to make a fully-informed decision.” More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
More RSS  RSS
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news