OPEN FOR BUSINESS An introduction to New Zealand August 2014.

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Presentation transcript:

OPEN FOR BUSINESS An introduction to New Zealand August 2014

NEW ZEALAND AND THE ASIA GROWTH STORY SECTION 04

Page Percentage share of total world GDP AD THE ASIA GROWTH STORY 3THE NEW ZEALAND STORY Source: Angus Maddison, Historical Statistics for the World Economy AD. McKinsey Global Institute Analysis, McKinsey & Company

PageTHE NEW ZEALAND STORY NEW ZEALAND IS OPEN FOR TRADE An extensive network of Free Trade Agreements (FTAs) including China, ASEAN and Australia. Low barriers to import – reduces input costs. Transparent and predictable rules, strong protection, preferential tariffs, rules of origin, and customs facilitation. Border administration facilitates goods movements. (5th in 2012 Global Enabling Trade Report). 4

Page Share of global middle-class consumption ASIA AND INDIA DRIVING GLOBAL CONSUMPTION 5THE NEW ZEALAND STORY Source: The Brookings Institute, The Emerging Middle Class in Developing Countries. Homi Kharas 15 March 2010

Page Free Trade Agreements to which New Zealand is a party DEEPENING TRADE RELATIONSHIPS 66THE NEW ZEALAND STORY Source: Ministry of Foreign Affairs and Trade

Page Click to edit Master title style New Zealand is part of the Asia growth story. New Zealand open for trade. Asia and India driving global consumption. Deepening trade relationships. IN SUMMARY 7THE NEW ZEALAND STORY