Monday, 18 July 2016 14:55

Minister seeks increased trade with Indonesia

Written by 
Trade Minister Todd McClay. Trade Minister Todd McClay.

Trade Minister Todd McClay has travelled to Indonesia to join the Prime Minister and a high-level business delegation for a two-day official visit.

"Indonesia is an important trade partner for New Zealand, and as our 11th largest export market offers significant trading opportunities," says McClay.

"Our two-way trade currently sits at $1.6 billion, and we're keen to explore ways to meet the target set by the two countries last year to boost trade to $4 billion by 2024.

"We will be looking to further broaden our trade connections, including through the Prime Minister's meeting with Indonesian President Joko Widodo and my own meeting with Indonesian Trade Minister Thomas Lembong."

McClay spoke with Minster Lembong at last weekend's G20 meeting in Shanghai and both ministers committed to further develop their government-to-government and business-to-business links.

"With a population of 255 million, Indonesia offers significant opportunity to New Zealand exporters and we will be looking to capitalise on the Prime Minister's visit to open doors for New Zealand companies," says McClay.

While in Indonesia, McClay will take part in business forums in Jakarta and Surabaya. The Jakarta business forum will focus on the benefits of regional economic integration, including between ASEAN and New Zealand. The Surabaya business forum will aim to promote New Zealand's economic relationship with East Java, Indonesia's second most populous province.

"I look forward to working alongside the New Zealand business delegation to showcase New Zealand's commercial expertise in areas of priority for Indonesia, including renewable energy, food and beverage, aviation, education and tourism," says McClay.

More like this

The Cook Islands squabble

The recent squabble between the Cook Islands and NZ over their deal with China has added a new element of tension in the relationship between China and NZ.

Ahuwhenua Trophy finalists announced

Farms from Northland and northern Hawke's Bay are the finalists in this year's Ahuwhenua Trophy competition for the top Māori sheep and beef farms.

2024 red meat exports end on a high

New Zealand's red meat exports for 2024 finished on a positive note, with total export value increasing 17% over last December to reach $1.04 billion, according to the Meat Industry Association (MIA).

Bracing for US tariffs

This year won't be an easy one for the red meat sector, says Meat Industry Association chief executive Sirma Karapeeva.

Featured

People expos set to return

Building on the success of last year's events, the opportunity to attend People Expos is back for 2025, offering farmers  the chance to be inspired and gain more tips and insights for their toolkits to support their people on farm.

SustaiN lands NZ registration

Ballance Agri-Nutrients fertiliser SustaiN – which contains a urease inhibitor that reduces the amount of ammonia released to the air – has now been registered by the Ministry of Primary Industries (MPI). It is the first fertiliser in New Zealand to achieve this status.

National

Chilled cow cuts enter China

Alliance Group has secured greater access for chilled beef exports into China following approval of its Levin and Mataura plants…

New CEO for Safer Farms

Safer Farms, the industry-led organisation dedicated to fostering a safer farming culture, has appointed Brett Barnham as its new chief…

Machinery & Products

AGCO and SDF join hands

Tractor and machinery manufacturer AGCO has signed a supply agreement with the European-based SDF Group, best known for its SAME,…

» Latest Print Issues Online

The Hound

Sacrificed?

OPINION: Henry Dimbleby, author of the UK's Food Strategy, recently told the BBC: "Meat production is about 85% of our…

Entitled much?

OPINION: For the last few weeks, we've witnessed a parade of complaints about New Zealand's school lunch program: 'It's arriving…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter