360° Coverage : New Zealand keen to boost trade, investment with ASEAN

3 Updates
New Zealand keen to boost trade, investment with ASEAN
Photo Credit: Phil Walter, Getty Images

New Zealand keen to boost trade, investment with ASEAN

Jul 12 2013, 2:20am CDT | by

Wellington, July 12 (IANS) The New Zealand government Friday laid out it goals for boosting investment and trade with the 10-nation ASEAN (Association of South East Asian Nations) bloc.

Wellington, July 12 — The New Zealand government Friday laid out it goals for boosting investment and trade with the 10-nation ASEAN (Association of South East Asian Nations) bloc. Prime Minister...

Filed under: news

YouTube Videos

 
 
 

1 year ago

New Zealand keen to boost trade, investment with ASEAN

Jul 12 2013, 2:20am CDT | by

Wellington, July 12 (IANS) The New Zealand government Friday laid out it goals for boosting investment and trade with the 10-nation ASEAN (Association of South East Asian Nations) bloc.

Wellington, July 12 — The New Zealand government Friday laid out it goals for boosting investment and trade with the 10-nation ASEAN (Association of South East Asian Nations) bloc.

Prime Minister John Key launched the "NZ Inc ASEAN Strategy", saying the ASEAN countries presented opportunities to grow trade and political relationships "in our neighbourhood", reported Xinhua.

"Already ASEAN as a bloc is New Zealand's fourth largest trading partner and over the past 10 years New Zealand's total trade with ASEAN has grown at 9 percent per year on average," Key said in a statement.

"This NZ Inc ASEAN Strategy sets out ambitious goals for New Zealand over the next five years, including growing annual visitor expenditure from the region by two-thirds, from 289 million NZ dollars ($227.22 million) to 470 million NZ dollars, and boosting New Zealand's exports to the region by 40 percent by the end of 2017."

It also underlined the importance of building on New Zealand's strong political and security relationships across ASEAN, including an increased diplomatic presence in the region and more work together on disaster relief.

"New Zealand needs to be making the most of a young, increasingly urban, affluent and quality conscious region only half the distance from our traditional European customers," said Key.

"We are in a sound position to boost our relationship with the region. We have a free trade agreement in place, a strong shared history, and are geographically close."

The 620 million people of the ASEAN region accounted for almost 10 percent of the world's population, he said.

The three broad goals of the strategy included:

-- becoming "better connected and more influential" through strong government leadership in activities such as trade delegations, and an increased diplomatic presence in ASEAN countries;

-- becoming "better integrated" through improved air links, scholarships, exchanges and secondments, and aid partnerships;

-- and boosting trade and investment by pressing for trade liberalization and the removal of market barriers.

Asia New Zealand Foundation director of research Andrew Butcher welcomed the strategy, saying ASEAN was vital to New Zealand's economic stability.

"ASEAN and its associated organizations, including the East Asia Summit, give New Zealand entry into important discussions about the region's growth and security," Butcher said in a statement.

Surveys by the foundation showed New Zealanders' awareness of ASEAN countries was low, but New Zealand had been highly successful in engaging with Southeast Asia, he said.

IANS

Source: IANS

 
Update
3

3 weeks ago

Australia, N.Zealand mark 100 years since first troops left for WWI

Nov 1 2014 5:07am CDT | Source: Business Insider

Sydney (AFP) - Australia and New Zealand on Saturday marked 100 years since their first convoy of troops left for the battlefields of World War I, with thousands attending events to commemorate the "heavy day in history".The convoy left the Western Australian town of Albany on November 1, 1914, carrying 20,000 Australian and 8,500 New Zealand soldiers bound for Gallipoli in modern day Turkey and later t ...
Source: Business Insider   Full article at: Business Insider
 

 
Update
2

3 weeks ago

New Zealand to Vote Over Ditching Union Flag for Silver Fern

Oct 29 2014 1:45pm CDT | Source: IBTimes UK

Prime Minister John Key calls double referendum to change country' ...
Source: IBTimes UK   Full article at: IBTimes UK
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

First Italian female astronaut ready for spaceflight
Rome, Nov 24 (IANS) History will be made Monday with the first ever Italian female astronaut set to go into space for a mission on board the International Space Station (ISS).
 
 
Mummy wearing jewellery unearthed in Egypt
London, Nov 23 (IANS) Spanish archaeologists have discovered about 4,000 years old female mummy wearing rare jewellery in Egypt.
 
 
Exercise and fasting could boost brain's functions
Washington, Nov 23 (IANS) Exercise along with occasional fasting is good for boosting the brain's neurons, shows a new research.
 
 
One infant dies in Pakistan hospital
Islamabad, Nov 23 (IANS) One more infant died due to lack of oxygen in an incubator and negligence of the hospital administration in Pakistan, bringing the number of such deaths to 19 in the past five days.
 
 
 

Latest from the Network

First Italian female astronaut ready for spaceflight
Rome, Nov 24 (IANS) History will be made Monday with the first ever Italian female astronaut set to go into space for a mission on board the International Space Station (ISS). Samantha Cristoforetti, a captain in the...
Read more on Business Balla
 
Jennifer Aniston disses Kim Kardashian West's nude photoshoot
Jennifer Aniston has joked that she was one of the ''original'' women who posed nude for a magazine. The 'Horrible Bosses' star - who exposed her bottom on the cover of Rolling Stone magazine in 1996 - compared herself...
Read more on Celebrity Balla
 
Kris Jenner defends Corey Gamble over stalking allegations
Kris Jenner has defended her boyfriend over stalking allegations. The 59-year-old 'Keeping Up With The Kardashians' star - who is currently dating 33-year-old Corey Gamble, following her separation from Bruce Jenner -...
Read more on Celebrity Balla
 
Selena Gomez 'emotional' ahead of American Music Awards
Selena Gomez is ''emotional'' ahead of her performance at the American Music Awards tonight (11.23.14). The 'Come And Get It' hitmaker posted a black and white Instagram video of her at the rehearsals for the AMA's,...
Read more on Celebrity Balla
 
Amber Heard 'unhappy' with Johnny Depp
Amber Heard thinks Johnny Depp made a ''fool'' of himself. The 28-year-old actress and model - who is engaged to the 'Transcendence' star - is ''unhappy'' with her fiance's strange presentation at the Hollywood Film...
Read more on Celebrity Balla
 
One Direction members upset with 'Steal My Girl' performance
London, Nov 24 (IANS) The members of English pop band One Direction felt disappointed when their single "Steal My Girl" didn't make it to number one spot on Britain's music charts. The band, which comprises of members...
Read more on Celebrity Balla
 
Benedict Cumberbatch's hope for new fiancee
Benedict Cumberbatch thinks his fans will like his fiancee. The 'Imitation Game' star - who recently revealed he was engaged to Sophie Hunter - believes his loyal fans will love his future bride because they love him....
Read more on Celebrity Balla
 
Kate Hudson plans birthday presents
Kate Hudson plans her mother's birthday presents years in advance. The 'Almost Famous' star has revealed that she had been planning for years what present to get her mother, Goldie Hawn, for her 69th birthday, which...
Read more on Celebrity Balla
 
Boko Haram kills 48 Nigerian fishermen
Abuja, Nov 23 (IANS) Members of Nigeria's armed terrorist group Boko Haram have killed 48 people in an attack on fish sellers near the border with Chad, a media report said Sunday. The attack took place Thursday, but...
Read more on Politics Balla
 
45 killed in Afghanistan suicide attack
Kabul, Nov 23 (IANS) At least 45 people were killed and 60 wounded Sunday in a suicide bomb attack at a volleyball ground in Afghanistan's Paktika province, officials said. "Afghan President Mohammad Ashraf Ghani...
Read more on Politics Balla