April 2025 Introduction This submission is being made on behalf of the New Zealand International Business Forum (NZIBF), whose members are listed at...
Media release, 31 January 2021
Seeking to join the Comprehensive and Progressive Agreement on Trans Pacific Partnership (CPTPP) is a chance for the United Kingdom to demonstrate the extent of its commitment to open markets and effective trade rules”, says Stephen Jacobi, Executive Director of the NZ International Business Forum (NZIBF).
“We welcome confirmation of the UK’s intention to join CPTPP which is one of the world’s most advanced and high quality free trade agreements. CPTPP clearly provides for the accession of new members who can demonstrate they can meet its high standards. UK membership would give rise to a significant expansion of the agreement and increase its attractiveness to other economies, thereby spreading the aspiration for a more open, connected and rules-bound global economy”, said Stephen Jacobi.
New Zealand and the UK are negotiating a bilateral FTA which is now into its third round of negotiation.
“Good progress appears to have been made in the NZ/UK negotiation and both are seeking an ambitious, high quality and comprehensive outcome. The negotiation has yet to solve the question of agricultural market access which is a key issue for New Zealand. There’s no doubt that this will influence New Zealand’s view of the UK’s membership of CPTPP”.
“CPTPP and its antecedents have been a long-term strategy in which New Zealand has played a leading role. It is good to see the benefits of CPTPP now being played out for all to see”, concluded Mr Jacobi.
About CPTPP
CPTPP involves New Zealand, Australia, Canada, Japan, Mexico, Singapore, and Viet Nam. Four other economies (Brunei, Chile, Malaysia and Peru) have signed the agreement but have yet to ratify. CPTPP covers around 30 percent of NZ exports.
About NZ UK trade
The UK is New Zealand’s sixth-largest trading partner. Two-way trade was worth nearly NZ$6 billion. New and the UK launched FTA negotiations in 2020. NZIBF’s report on opportunities under a future NZ/UK FTA can be found here
Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.
April 2025 Introduction This submission is being made on behalf of the New Zealand International Business Forum (NZIBF), whose members are listed at Annex A[1]. NZIBF is a group of senior business leaders working together to promote New Zealand’s engagement in the...
When President Trump spoke in the White House Rose Garden to launch his wrecking-ball “fair and reciprocal tariffs”, there were some in the audience wearing hard hats. While this was doubtless to show support for the move amongst hard-working Americans, maybe...
Media release, 4 April 2025 The New Zealand International Business Forum (NZIBF) has reacted with deep disappointment to the news that the United States will implement an additional 10 percent ad valorem tariff on New Zealand exports. “The United States is a close and...
Market price support policies (aka as “subsidies”) in the agriculture sector are a classic example of what is meant by 'beggar thy neighbour'. One country attempts to improve its own economic situation by intervening in the market on behalf of its producers, at the...
Media release, 17 March 2025 The NZ International Business Forum (NZIBF) welcomes the launch of free trade negotiations with India, announced in Delhi, and is particularly pleased that these will proceed on a comprehensive basis. “There is enormous value to be gained...
Prime Minister Luxon is at last making his visit to India with a large business and community delegation. We wish them well in expanding and deepening the relationship with India. The reasons for doing so we have explained previously. Our Government’s...
PROPOSED GREEN ECONOMY JOINT WORKING GROUP WITH CHILE AND SINGAPORE MARCH 2025 Introduction This submission is made on behalf of the New Zealand International Business Forum (NZIBF), whose members are listed at Annex A[1]. NZIBF is a forum of senior business leaders...
BRISBANE, 24 FEBRUARY 2025 STEPHEN JACOBI, EXECUTIVE DIRECTOR, NZIBF My thanks to Anna Curzon and Stephanie Honey for giving me one last opportunity to speak to ABAC. I want to talk today about rising protectionism and proliferating non tariff barriers. It’s not a new...
Brisbane, Australia, 25 February 2025 - Among rising global economic tension, the APEC Business Advisory Council met in Brisbane this week to reaffirm its support for the value of trade and cooperation, and the original APEC commitment to free, fair, open and...
RATIFICATION OF NEW ZEALAND-UAE COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT (CEPA) STEPHEN JACOBI, EXECUTIVE DIRECTOR, NZIBF Thank you Chair for the opportunity to appear before the Committee today. I do so on behalf of the members of the NZ International Business...
17th February 2025 Our Recommendations ExportNZ and the New Zealand International Business Forum (NZIBF) support the Government’s overall intention to modernise New Zealand’s gene technology regulations. We support the establishment of a risk-based regulatory regime...
RATIFICATION OF NEW ZEALAND-UAE COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT (CEPA) FEBRUARY 2025 This submission is made on behalf of the New Zealand International Business Forum (NZIBF) and ExportNZ[1]. NZIBF is a forum of senior business leaders working together...
On 24 September 2024 a stakeholders seminar was held in Auckland to reassess the Southern Link concept, five years after a large conference kickstarted focused discussion of the idea (before Covid intervened). This report of the seminar discussions...
STOP PRESS – NOT SO FAST. This post deals with the tariffs President Trump announced on 1 February he would impose on Canada, Mexico and China. By 4 February he announced imposition of tariffs on Canada and Mexico would be suspended for 30 days (until 5 March). ...
The end of 2024 has trade advocates reaching back to their 2016 taking points as an Administration of a depressingly protectionist hue prepares to take office in the United States, once the global champion for trade liberalisation. We do not know for now what,...
0 Comments