Trade Minister Tim Groser heads off to Colombia this coming week to fast-track moves to open formal free trade talks with the fast-growing Latin American nation. A Colombian FTA was put on the agenda during Prime Minister John Key’s recent official visit. Groser high-lighted agricultural technology, services and niche manufacturing as the likely winners from moves to increase New Zealand’s …
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Pengxin secures former Fonterra director Greg Gent to chair management company for ex-Crafar farms
Former Fonterra director Greg Gent has been appointed independent chairman of Pengxin NZ Farm Management; the company which oversees the jv between Shanghai Pengxin and state-owned Landcorp. The Gent appointment is a coup for Pengxin and its Landcorp partner. Gent told newzealandinc.com that it was important for New Zealand that the joint-venture was made to work smoothly. There are six other …
Read More »TPP Just Got More Important – Penny Macdonald
Last week, the WTO had a chance to haul itself out of the dreary post-Doha doldrums in which it has been languishing for years. Back in the day, with Uruguay Round exuberance echoing around the world, business coalitions and free trade activists would meet to discuss tactics and opportunities to grow the global economy. Now they shake themselves out of …
Read More »John Key sends China a direct message “New Zealand is a committed partner” – Boao Forum
Prime Minister John was on-cue, on-message and importantly on-time using his six minutes in front of Chinese President Xi Jinping to send a message that New Zealand is a committed partner to China and has much to offer in areas where the two countries complement each other. It’s five years ago to the day since NZ signed the bilateral free …
Read More »Australia looks at evolving Aussie Fonterra
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Read More »China’s State Grid eyes Powerco stake one year after Hong Kong’s Li Ka-shing walked away from takeover bid
The world’s largest utility operation – State Grid Corporation of China – is reportedly eyeing a 42 per cent stake in NZ”s second-largest electricity and gas distribution company Powerco. The stake is said to be worth more than $450m. Hong Kong’s richest man Li Ka-shing – whose company owns Wellington Electricity Lines – walked away from a proposed bid early …
Read More »Dame Jenny Shipley comes off China Construction Bank; replaced by New Zealander Murray Horn
Dame Jenny Shipley will stand down as a director of one of China’s most powerful banks at the forth-coming AGM – one of three independent non-executive directors who are retiring by rotation from the board at the shareholders’ annual meeting. The others are Joseph Yam Chi Kwong and Wong Kai-Man. Dame Jenny was first appointed as a CCB director in …
Read More »Mission Accomplished – Takeout from PM John Key’s China mission
Prime Minister John Key arrived back in New Zealand from Beijing with a strong message ringing in his ears that China Inc wants to step up the pace and take the bilateral economic partnership to the next stage. It was a good week for Key. Not only have senior Chinese accepted the essential value proposition of New Zealand to China (which …
Read More »Day One: “It’s like ‘Gone with the Weennd’ except the Shelia’s at the bottom of the stairs” – Aussie journalist
TV3’s Paddy Gower scooped the pix for the Gillard kiss (double-cheeks if you have to know) after John Key swept down the staircase at the Boao Sofitel hotel straight into the Australian Prime Minister’s open-armed greeting. The photo-op had been careful stage-managed by Julia Gillard’s PR who officiously told the NZ journalist delegation accompanying the PM to the prestigious Boao …
Read More »Chileans quick to capitalize on John Key’s Latin American tour
Chilean Economy, Development and Tourism Minister Pablo Longueira is visiting New Zealand this week to carry out discussions on education, Māori economic development and tourism. Minister Longueira, who was invited to visit New Zealand by Prime Minister John Key during his recent Latin America trip, arrived today for a four-day visit. He is accompanied by a 21-strong delegation including the …
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