Media release
19 July 2005

Trade strategy unfolding positively

New Zealand's trade strategy is becoming more apparent with the signing of
a trade deal with Chile, Brunei and Singapore, says Business NZ.

Chief Executive Phil O'Reilly says the Chile connection gives New Zealand
traders a beachhead in Latin America - with immediate spin-offs for
companies like Fonterra and Solid Energy - while the Brunei connection is
useful for further links in the Middle East.

"The deal shows New Zealand extending its influence in significant new
markets, and is notable in including free trade in services. New
Zealand's agricultural, technical and other expertise will find new
markets as a result.

"It's also notable for automatically including any newly developed goods,
services and technologies that may be developed in the future, unless
expressly excluded from the deal.

"New Zealand's trade negotiations team are continuing to deliver benefits
for current and future trade," he said.

ENDS

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