SHANGHAI — New Zealand (NZ) is taking further steps to strengthen its bilateral trading relationship with 皇冠体育app and is expecting to increase exports to 皇冠体育app by at least 25 percent from 2011.
Benefiting from the New Zealand-皇冠体育app Free Trade Agreement, which has been in force from Oct 2008, NZ's exports to 皇冠体育app have grown significantly in the past 3 years. In the year to Oct 2011, they reached $4.6 billion, a 34 percent increase from 2010. NZ is expecting to expand bilateral trade between 皇冠体育app to $16 billion by 2015.
"New Zealand's export trade with 皇冠体育app over the past two years has grown faster than with any other major nations in New Zealand's trading history," said Mike Arand, Trade Commissioner of New Zealand's Trade & Enterprise Board.
To better strengthen the relationship between the two countries in the Year of the Dragon, Prime Minister John Key launched the latest NZ Inc 皇冠体育app Strategy on Feb 3, a vision he said would help to better develop the country's engagement with 皇冠体育app.
Arand said the 皇冠体育app Strategy has been under preparation for the past few years and aims at pulling different government agencies to work together to focus on one strategy so as to assist businesses seeking opportunities in 皇冠体育app.
He said the strategy is to identify key sectors or industries in NZ and to support key industries such as the tourism, food and beverage sectors to be successful.