What role can New Zealand play with “global Britain”? If negotiations beginning this week are successful, New Zealand’s economic relationship with the United Kingdom could be returned to something more open and dynamic, if not completely like things were in a dimly...
Trade Working Blog
Digging DEPA: the Digital Economy Partnership Agreement
Trade changed significantly in the years following the creation of the World Wide Web in 1990, and then again exponentially with the advent of the first iPhone in 2007. Rather than more traditional trade shipped by sea or air, “digital trade” can now be weightless,...
Can China join CPTPP?
The Chinese Premier expresses interest in China joining CPTPP. This should be encouraged. “China has a positive and open attitude about joining CPTPP”. These words of Chinese Premier Li Keqiang at the conclusion of the recent National People’s Congress mark the...
Trade myths and realities in the Covid era
Diversifying the New Zealand export economy is a worthy goal but requires a dose of commercial reality. A 2018 study of 183 economies’ dependence on China, undertaken by the Australian Department of Foreign Affairs and Trade, showed that New Zealand ranked 93rd. ...
Trade in the time of corona: food security implications
The pandemic is changing the way that we live, work and do business; the ‘Great Lockdown’ is a jarring juxtaposition against the great unlocking of global markets over the last fifty years. However, one area where there is still unfortunately some truth to the...
Make trade, not war: a new interim mechanism for trade dispute appeals
The World Trade Organisation’s dispute settlement mechanism has long been described as the “jewel in the crown” of the global trading system, offering WTO members certainty about defending their trade rights. Since last December, however, the ability to take...
Guest blog: Asia-Pacific collaboration is the best strategy for COVID-19
Rachel Taulelei, CEO of Kono and Chair of the APEC Business Advisory Council for 2021, discusses how the Asia-Pacific business community is responding to the COVID-19 pandemic. Ko te whare tū ki te koraha he kai mā te ahi; ko te whare tū ki te pā tūwatawata he tohu nō...
TRADE AND THE VIRUS: UNITED WE STAND
Photo: First, do no harm - attributed to Hippocrates, 460-370 BC Economies need to fight the Covid-19 virus by standing together. Desperate times call for desperate measures, but not stupid ones. The world faces an unprecedented challenge to human health and to...
Brave New World: the UK formally separates from the EU
The UK has now formally withdrawn from the EU. We will see little change in the short term, thanks to an 11-month “transition period”, but the all-too-fleeting timeframe for negotiating new trade agreements with the EU and others, including New Zealand, means...
Trade war – peace in our time?
The announcement of a ceasefire in the US/China trade war can be greeted with a sigh of relief by the international community but the agreement leaves a number of unanswered questions especially for New Zealand exporters. All eyes were on Washington this week as the...