Trade Minister visits for key meetings.
New Zealand's Trade and Investment Minister, Todd McClay, is set to travel to Australia today for crucial discussions with Australian Trade Minister Senator Don Farrell. This trip follows a recent meeting in Rotorua where ANZLF presented on trans-Tasman business growth opportunities.
Minister McClay has expressed his enthusiasm for the partnership with Australia, describing it as "critical" to New Zealand's trade and investment performance. Key topics for discussion include further growing trans-Tasman trade and investment, World Trade Organization developments, and international cooperation. Minister McClay will also raise concerns about Canada's dairy policy, which he believes harms international dairy trade.
As the chair of New Zealand's Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), this visit provides an opportunity to explore ways to deepen CPTPP trade with Australia. The meetings are expected to be productive, given the significant economic ties between the two countries.