Hon Todd McClay
Minister for Trade and Investment

Trade and Investment Minister Todd McClay has announced a new joint statement on keeping supply chains open with fellow Future of Investment and Trade (FIT) Partnership members Costa Rica, Iceland, Liechtenstein, New Zealand, Norway, Panama, Rwanda, Singapore, Switzerland, the United Arab Emirates and Uruguay.

“As we face the risk of further serious disruption to global supply chains, this joint statement proposed by New Zealand outlines our mutual interest in ensuring that trade lines stay open, transparent and resilient,” Mr McClay says.

“We are already seeing the impact of the current conflict in the Middle East on global supply chains for oil, gas and fuel.

“New Zealand and these FIT partners have committed to working together to identify disruptions to the trade of essential goods and exchanging information on how we will approach and mitigate these.”

The Joint Statement also committed to working together with other trading partners to ensure air and seaports remain open to support trade to flow unimpeded.

New Zealand hosts the next FIT Partnership Ministerial Meeting in Auckland in July.

Notes:

The FIT Partnership was established in September 2025. It provides a strategic platform for small and medium-sized economies to work together to shape the future of global trade and investment.

The FIT Partnership brings together Brunei, Chile, Costa Rica, Iceland, Liechtenstein, Malaysia, Morocco, New Zealand, Norway, Panama, Paraguay, Rwanda, Singapore, Switzerland, the United Arab Emirates and Uruguay.

The joint statement is available here: https://www.mfat.govt.nz/en/media-and-resources/joint-statement-on-maintaining-open-and-resilient-supply-chains

The joint press release is available here: https://www.mfat.govt.nz/en/media-and-resources/fit-partnership-members-issue-joint-statement-on-maintaining-open-and-resilient-supply-chains

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