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

Irish, NZ connection showcased

The Irish Minister of State for Rural Communities says his country and New Zealand face very similar challenges on a range of issues related to agriculture, including climate change, biodiversity and rural depopulation.

Fonterra gives $250,000 for wetlands repair

Through its new partnership with New Zealand Landcare Trust, Fonterra has committed to funding ten $25,000 grants for wetland restoration in communities across the country.

Featured

Pāmu farm opens gate to urban visitors

For many urban New Zealanders, stepping into Pāmu’s Pinta dairy farm near Taupo last month was the first time they had had the chance to experience farm life up close.

National

Machinery & Products

Alpego eyes electric power harrow

Distributed by OriginAg in New Zealand, Italian manufacturer Alpego recently showed its three metre Alysium electric power harrow at the…

» Latest Print Issues Online

The Hound

Dodgy!

OPINION: If you believe Maori Party president John Tamihere’s claim that “nothing dodgy” occurred at Manurewa Marae during the last…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter