Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

BusinessNZ And ExportNZ Welcome NZ-UK FTA Announcement

BusinessNZ and ExportNZ welcome today’s announcement of an agreement in principle for a free trade agreement with the United Kingdom that could be worth an extra billion dollars in export earnings for New Zealand.

BusinessNZ Chief Executive Kirk Hope said the FTA looked to be a high quality deal that will give New Zealand exporters to the UK a largely tariff-free future, along with a number of immediate wins.

"This is a great result for trade between our two countries and opens the door to New Zealand welcoming the UK’s application to join the CPTPP, which will further strengthen that agreement as well," Mr Hope said.

ExportNZ Executive Director Catherine Beard said exporters will be very happy with the deal.

"This is not only a good deal for our goods exports to the UK, but has a lot in it for our services exporters, including business visas for travel, the intention to work on mutual recognition of professional qualifications, and no barriers for professional services businesses. In a tough time of Covid-19 this is a shot in the arm."

Catherine Beard said the Minister of Trade and our lead negotiators should be congratulated on a job well done.

"Now all we need is to get our border working again so our exporters can get over there and make the most of the new opportunities."

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 


FMA: Files Civil Proceedings Against Kiwibank For False Or Misleading Representations Over Fee Waivers

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has filed High Court civil proceedings against Kiwibank for making false and/or misleading representations, under the fair dealing provisions of the Financial Markets Conduct Act (FMC Act)... More>>

ALSO:


What Lies Beneath: Is The Housing Market Turning?
Rising interest rates, combined with further tightening of credit availability appear to be dampening the enthusiasm of investors and first home buyers. While house values continue to rise, what lies beneath QV's latest figures is growing evidence that price pressure has shifted... More>>



R&NTU: KiwiRail strike notices withdrawn following new offer

Strike notices on KiwiRail have been withdrawn. Rail and Maritime Transport Union General Secretary Wayne Butson says following negotiations between the RMTU and KiwiRail, a new offer from KiwiRail will be taken back to union members for ratification... More>>


Reserve Bank: Deputy Governor Reflects On Time At RBNZ
Central bankers must continue to look forward to guard against the unpredictable, Deputy Governor Geoff Bascand says in a speech published today. Mr Bascand joined the Reserve Bank of New Zealand – Te Pūtea Matua in 2013 during the aftermath of the Global Financial Crisis... More>>


Xero: Data Reveals ICT Expenditure Key To Small Business Sales Growth
Xero, the global small business platform, today released a new report which shows New Zealand small business ICT expenditure has increased 25 percent compared to pre-pandemic levels - more than the UK (20%) and Australia... More>>


Fonterra: Lifts Forecast Farmgate Milk Price Range And Revises Earnings Guidance At First Quarter Update

Fonterra Co-operative Group today lifted its 2021/22 forecast Farmgate Milk Price range, reported a solid start to the 2022 financial year and revised its earnings guidance... More>>


Canterbury Museum: New Research - Bald Haast's Eagle Feasted On Moa Guts

New Zealand’s extinct Haast’s Eagle (Hieraaetus moorei), the largest known eagle, gulped down viscera like a vulture and may even have been bald, new research suggests... More>>