LATAM  Trade Minister Tim Groser heads off to Colombia this coming week to fast-track moves to open formal free trade talks with the fast-growing Latin American nation. A Colombian FTA was put on the agenda during Prime Minister John Key’s recent official visit. Groser high-lighted agricultural technology, services and niche manufacturing as the likely winners from moves to increase New …

The next head of the World Trade Organization will be either Mexico’s Herminio Blanco or Brazil’s Roberto Azevedo, guaranteeing a Latin American nation will hold the top job at the global trade body for the first time – according to Reuters. While the Reuters report is so far unconfirmed by official WTO sources, Inside US Trade is running the same …

Japan has been welcomed into the TPP negotiations says NZ Trade Minister Tim Groser. “We believe that Japan’s participation in the negotiations will contribute to the objective of creating a 21st-Century agreement that will spur economic growth and development, promote innovation, benefit our consumers, and support the creation and retention of jobs, higher living standards and the reduction of poverty …

Chilean Economy, Development and Tourism Minister Pablo Longueira is visiting New Zealand this week to carry out discussions on education, Māori economic development and tourism. Minister Longueira, who was invited to visit New Zealand by Prime Minister John Key during his recent Latin America trip, arrived today for a four-day visit. He is accompanied by a 21-strong delegation including the …

Chief negotiators report that they had achieved the goal set for the round: to put the negotiations on an accelerated track toward conclusion of a next-generation, comprehensive agreement in the 2013 time frame envisioned by President Obama and the leaders of the ten other TPP countries. Through the TPP, the United States is seeking to help establish a trade and …

John Key tour - Brazil  Prime Minister John Key has welcomed the signing of an agreement which will see more Brazilian students studying in New Zealand, following a bilateral meeting with Brazilian President Dilma Rousseff today in Brasilia. Key says New Zealand’s reputation as a welcoming country with high-quality qualifications makes it a natural fit for Brazilian students. “The Science …

Fonterra Brands Malaysia’s launch of Mainland Cheese in Malaysia signals the strengthening trade links between New Zealand and South-East Asia, Minister for Economic Development Steven Joyce says. Joyce today launched the Mainland Cheese brand at a New Zealand Gala event in Kuala Lumpur. “Over the last five years, Fonterra Brands Malaysia’s business in South East Asia has doubled, which shows …

Wellington Drive Technologies, the unprofitable manufacturer of energy efficient motors, raised $4 million in a placement to institutions, managers and existing investors such as SuperLife Investments. The stock jumped when it came off trading halt following the statement. The Auckland-based company said it is making the placement in two tranches – 16 million shares in a private placement to institutions …

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John Key tour - Chile  Prime Minister John Key has welcomed the Chilean Government’s move to extend its “Penguins Without Borders” scheme, which sees high-achieving Chilean students travelling to New Zealand for six-monthly study visits.  “Penguins Without Borders enables some of Chile’s most ambitious and brightest high school students to experience the best our education system has to offer,” says …