open for business an introduction to new zealand august 2014

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OPEN FOR BUSINESS An introduction to New Zealand August 2014

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OPENFORBUSINESS

An introduction toNew Zealand

August 2014

NEW ZEALANDAND THE ASIA GROWTH STORY

SECTION 04

Page

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).

4

Page

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

Page

Free Trade Agreements to which New Zealand is a party

DEEPENING TRADERELATIONSHIPS

66THE NEW ZEALAND STORY

Source: Ministry of Foreign Affairs and Trade

Page

• 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