Japan group good move in difficult times, says Business Forum

by | Apr 14, 2009 | Media Releases

Remove

The establishment of a joint officials’ group to look at advancing the relationship between New Zealand and Japan is a good move in difficult times, says the NZ International Business Forum (NZIBF).

“Times are as tough as they have ever been, but New Zealand’s exports to Japan so far are holding up well” said NZIBF Executive Director Stephen Jacobi.  Mr Jacobi is en route to Tokyo for meetings later this week.

“Even in the current difficult economic climate Japanese consumers want to buy what we have to sell and while Japanese exports across the board have fallen sharply New Zealanders will continue to want Japanese consumer goods.  New Zealand also benefits from significant and increasing Japanese investment”.

Mr Jacobi said NZIBF expected the joint officials’ group, announced on 9 April by Trade Minister Tim Groser, to build on progress made in the relationship over the last two years.

“Japan remains the world’s second largest economy and New Zealand’s third largest export market and fourth largest trading partner.  The first ever Japan NZ Partnership Forum held in Tokyo in May 2008 reaffirmed the critical importance of the relationship and resulted in agreement between then Prime Ministers Clark and Fukuda that further steps would be taken to consider the scope of a possible free trade agreement.  We are pleased the joint officials’ group will be examining the relationship from that perspective”.

Mr Jacobi said planning was underway for a second Japan NZ Partnership Forum to be held in Tokyo later this year.

“This second Forum will be an ideal opportunity to take stock of progress, support the officials in their work and ensure that this key relationship continues to deliver value for both partners”.

REGISTER WITH TRADE WORKS

Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.

 

Remove

 

Latest News

NZIBF 2022 Chair Report

ANNUAL GENERAL MEETING 2022 CHAIR’S REPORT I am pleased to present my second report on the activities and achievements of the NZ International Business Forum (NZIBF) for 2022-23, our fifteenth year of operations.  At the outset I would like to thank Members for...

NZ BUSINESS LEADERS AT APEC 2022

New Zealand business will be represented at the APEC Leaders’ Week in Bangkok, commencing 13 November, by members of the APEC Business Advisory Council (ABAC). New Zealand’s three members – Rachel Taulelei, Malcolm Johns and Anna Curzon – supported by Stephen Jacobi...

Submission to MFAT for CPTPP Review

30 September 2022 Phil Mellor Economic Division, Ministry of Foreign Affairs and Trade, Wellington (By email) Dear Phil, Thank you for your email of 1 September, seeking our comments on the three year review of the Comprehensive and Progressive Agreement for Trans...

WHAT’S IN A NAME?

The now widespread use of the term “Indo Pacific” to describe the region to which New Zealand belongs brings a risk of geographical confusion. When did the “Asia Pacific” become the Indo Pacific?   For thirty years or more New Zealand has sought to enhance...

NZ Herald: Turbulence in global trade

Amidst the political topsy turvy of recent weeks came the news that the Government has refreshed its Trade Recovery Strategy.  That’s good news because, for exporters and the global economy as a whole, it’s tough out there. The pandemic is by no means over, there...

Address to World Affairs Forum, 22 August 2022

ADDRESS TO THE WORLD AFFAIRS FORUM AUCKLAND, 22 AUGUST 2022 STEPHEN JACOBI EXECUTIVE DIRECTOR NZ INTERNATIONAL BUSINESS FORUM TURBULENCE IN GLOBAL TRADE Thanks to Greg Thwaite for inviting me to speak to you this evening. It’s good to be back in the habit of meeting...

Trade and Climate Change: State of Play

TRADE AND CLIMATE CHANGE: STATE OF PLAY. A discussion paper prepared for the NZIBF by Adrian Macey, June 2022. Download here. Update: NZ-EU FTA The NZ-EU FTA has been finalised.  Article X.6 of the  trade and sustainable development chapter is on trade and...