Tag: International Business Forum

New Zealand Business at Apec Bali

Press Release – International Business Forum Twelve New Zealand business representatives will participate in the APEC CEO Summit and related meetings in Bali, Indonesia, during the week of 30 September, the NZ International Business Forum said today. Media release New Zealand Business at Apec Bali Twelve New Zealand business representatives will participate in the APEC CEO Summit and related meetings in Bali, Indonesia, during the week of 30 September, the NZ International Business Forum said today. “The Bali meetings are an opportunity to demonstrate our interest in APEC’s agenda for growth and jobs as well as promote New Zealand’s relationship with Indonesia which is celebrating its emergence as a regional economic power-house,” said NZIBF Executive Director Stephen Jacobi. “This week’s events are also the backdrop to some serious, high level discussions about the Trans Pacific Partnership (TPP) as negotiations move into their final phase. TPP Ministers are expected to meet to formulate their advice to TPP Leaders about the direction of the negotiating effort to the end of the year.” The fourth and final meeting this year of the APEC Business Advisory Council (ABAC) will take place in Bali 1-4 October and will be attended by New Zealand’s three ABAC members Tony Nowell, Maxine Simmons and Wayne Boyd, together with Alternate Member Stephen Jacobi and Lead Staffer Fiona Cooper Clarke. ABAC members will present their views and recommendations directly...

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Japan Entry Radically Improves Strategic Calculation of TPP

Press Release – International Business Forum 22 April 2013 Media release Japan Entry Radically Improves Strategic Calculation of TPP, Says Business Forum Japan’s prospective entry into the Trans Pacific Partnership (TPP) negotiations announced over the weekend is being welcomed by New Zealand business … 22 April 2013 Media release Japan Entry Radically Improves Strategic Calculation of TPP, Says Business Forum Japan’s prospective entry into the Trans Pacific Partnership (TPP) negotiations announced over the weekend is being welcomed by New Zealand business interests. “By any calculation Japan’s entry radically alters the strategic calculation of TPP. This is a game changer – Japan’s inclusion in the TPP underlines negotiation’s value as a pathway for further liberalisation in the Asia Pacific region and will enable New Zealand to address longstanding market access issues in the Japanese market,” said NZ International Business Forum Chairman Sir Graeme Harrison. Sir Graeme was reacting to Trade Minister Tim Groser’s announcement on behalf of the TPP partners that that Japan would join the TPP negotiations from July. “We congratulate the governments of Japan, New Zealand and other TPP participants on reaching this point and look forward to Japan’s involvement at the negotiating table. We also welcome the assurance that Japan is prepared to meet the high level of ambition for TPP.” Sir Graeme also drew attention to the significant economic gains expected from TPP. “Economic modelling suggests...

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NZ Business Welcomes Japan to TPP

Press Release – International Business Forum Japan’s prospective entry into the Trans Pacific Partnership (TPP) negotiations has been welcomed by organisations representing New Zealand’s international businesses. NZ Business Welcomes Japan to TPP Japan’s prospective entry into the Trans Pacific Partnership (TPP) negotiations has been welcomed by organisations representing New Zealand’s international businesses. “Japan is a major partner for New Zealand in the Asia Pacific region” said Sir Graeme Harrison, Chairman of the New Zealand International Business Forum. “Japan has for some time been the missing link in terms of New Zealand’s network of free trade agreements in the region, although we are already committed to negotiating with Japan in the context of the Regional Comprehensive Economic Partnership (RCEP). TPP is a more ambitious negotiation and is already well underway and so we welcome Japan to both sets of negotiations which aim to deliver an even stronger economic partnership between both countries”. “Japan’s entry into TPP potentially increases both the negotiation’s coverage and economic impact” said Rt Hon Jim Bolger, Chairman of the NZ US Council. “Japan’s entry also brings additional complexity which we hope can be worked through expeditiously by negotiators. If TPP is to play a part in the region’s economic recovery it must be concluded as soon as possible”. Japan is New Zealand’s fourth largest bilateral trading partner, with two-way trade worth NZ$6.1 billion in 2011. In...

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Implementation of plain paper packaging requires care

Press Release – International Business Forum The Government is showing admirable precaution in waiting for the results of a World Trade Organisation (WTO) dispute panel before implementing plain paper packaging for tobacco. 20 February 2013 Media release Implementation of plain paper packaging requires care says NZ International Business Forum The Government is showing admirable precaution in waiting for the results of a World Trade Organisation (WTO) dispute panel before implementing plain paper packaging for tobacco. “The Government has made clear it’s intentions on tobacco packaging but is wise to make sure that implementation proceeds in accordance with international trade law. That should make for better regulations which will not need to be overturned later,” said Stephen Jacobi, Executive Director of the NZ International Business Forum. “WTO rules need not prevent plain paper packaging for tobacco, which appears to be well grounded in science, but poor implementation could pose risks for other export products and place unnecessary strain on important trade relationships.” The issue of plain paper packaging for tobacco is currently subject to a dispute taken against Australia but several developing countries in the WTO. Mr Jacobi said trade negotiations like TPP were at this stage irrelevant for the packaging issue. “TPP is a work in progress and any outcome will not apply retrospectively to matters being decided now. The Government is making these decisions for legitimate public policy...

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Business Forum Welcomes New Asian Trade Negotiation

Press Release – International Business Forum Media release, 21 November 2012 International Business Forum Welcomes New Asian Trade Negotiation The New Zealand International Business Forum has welcomed the announcement that the ten members of ASEAN (the Association of South East Asian Nations) and six … Media release, 21 November 2012 International Business Forum Welcomes New Asian Trade Negotiation The New Zealand International Business Forum has welcomed the announcement that the ten members of ASEAN (the Association of South East Asian Nations) and six other economies including New Zealand, Australia, China, Japan, Korea and India, intend to negotiate a new free trade agreement known as the Regional Comprehensive Economic Partnership (RCEP). “This is a further sign that New Zealand’s home is in Asia” said NZIBF Chairman Sir Graeme Harrison. “This negotiation will build on New Zealand and Australia’s existing high quality free trade agreement with ASEAN and will bring both the giant North Asian economies and India into the same network. The initiation of a free trade negotiation with Japan is particularly welcome: Japan is now the only Asian economy with which New Zealand neither has an FTA or a negotiation underway. A closer trade and economic relationship with Japan is strongly supported by New Zealand business and would be benefit to both countries”. The RCEP announcement was made at the East Asia Summit meeting in Phnom Penh which is...

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