open for business an introduction to new zealand august 2014
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Percentage share of total world GDP1-2030 AD
THE ASIAGROWTH STORY
3THE NEW ZEALAND STORY
Source: Angus Maddison, Historical Statistics for the World Economy 1-2030AD. McKinsey Global Institute Analysis, McKinsey & Company
PageTHE NEW ZEALAND STORY
NEW ZEALANDIS OPEN FORTRADE
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).
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Share of global middle-class consumption 2000-2050
ASIA AND INDIADRIVING GLOBALCONSUMPTION
5THE NEW ZEALAND STORY
Source: The Brookings Institute, The Emerging Middle Class in Developing Countries. Homi Kharas 15 March 2010
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Free Trade Agreements to which New Zealand is a party
DEEPENING TRADERELATIONSHIPS
66THE NEW ZEALAND STORY
Source: Ministry of Foreign Affairs and Trade
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• New Zealand is part of the Asia growth story.
• New Zealand open for trade.
• Asia and India driving global consumption.
• Deepening trade relationships.
INSUMMARY
7THE NEW ZEALAND STORY