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Key at the G20 Trade Minister Tim Groser welcomed the announcement on the successful conclusion of negotiations with the Republic of Korea on a Free Trade Agreement. “Korea is one of New Zealand’s biggest and most important trading partners,” says Groser. “The FTA will deliver real economic benefits for both our countries. It will create more opportunities for our business and …
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New Zealand and South Korea conclude free trade agreement after tough negotiations
KEY AT G20 New Zealand and South Korea have concluded a free-trade agreement that’s expected to cut into export tariffs in the nation’s sixth-largest export market that currently run to about $230 million a year. The deal, which was announced on the sidelines of the G20 Leaders’ Summit in Brisbane, will initially eliminate tariffs on 48 percent of current New Zealand exports, with …
Read More »TPP talks at US Embassy in Beijing held under tight security. Surely, they won’t add currency to the mix?
Apec Summit It might be churlish to note that the United States wasn’t making a great deal of the anti-competitive nature of other nation’s currency settings when it was in the thick of quantitative easing That unpalatable truth hasn’t featured at all among the issues up for negotiation during the lengthy Trans Pacific Partnership negotiations. But the Financial Times is reporting that …
Read More »Tim Groser on stage at important WTO forum
Trade Minister Minister Tim Groser is playing down expectations that he will have a tilt at the top job in global trade. But it is inevitable that the potential for a Groser run at the role of director-general of the World Trade Organisation will be discussed around the edges of the World Export Development Forum (WDEF) in Jakarta this coming …
Read More »Agriculture sweetner proposed for Russians
New Zealand has proposed a special agricultural co-operation chapter should be injected into the free trade agreement (FTA) with the Russian-led customs union to help overcome fears by Russian farmers. Trade Minister Tim Groser dispatched New Zealand’s chief negotiator Vangelis Vitalis to Moscow this week to make progress on issues blocking the successful completion of the FTA with Russia and …
Read More »Groser going for top WTO job
Trade Minister Tim Groser will throw his hat into the ring for the top international trade job – director-general of the World Trade Organisation. Groser has yet to formally announce his candidacy for the leading role in international trade diplomacy. He was due to leave New Zealand today for trade talks in Cambodia and Vladivostock, but has confirmed to the …
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