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The world’s 7th largest bank*, the Bank of China announced that it has been granted its banking licence from the Reserve Bank of  and will formally launch its business at a special ceremony in Auckland on Friday. The granting of the banking licence will allow the Bank of China to meet the growing demand for the significant reciprocal trade opportunities between New Zealand and the People’s …

There is broad global support for moves to curb international tax avoidance, New Zealand Finance Minister Bill English said on the sidelines of the G20 Leaders’ Summit in Brisbane. Cracking down on tax avoidance is one of the key agenda items at this weekend’s G20 Summit, where New Zealand is an invited guest. The G20 countries make up 85 percent of global economic activity …

New Zealand’s recently signed Free Trade Agreement with Korea is a positive step in freeing up our trade relations and represents an absolute bottom line for the quality of outcomes for further agreements.  “We appreciate how difficult it has been to reach an agreement with Korea, and are pleased to now be on a level playing field with our trade …

Here’s a quick snapshot of what NZ Business is saying about yesterday’s conclusion of the FTA agreement NEW ZEALAND BUSINESS FORUM  (NZIBF) welcomes end of marathon negotiations –  delighted Trade Minister Groser and his officials have got it over the line. NZIBF Chairman Sir Graeme Harrison noted  Korea is a significant trading partner for New Zealand and a number of …

Gower: Barack Obama yesterday called Vladimir Putin a threat to the world. Do you agree with that? Key: Potentially. If you look at what’s happening in Ukraine and the wider, sort of, Eastern Bloc and the, you know, potential motivations and intentions, it’s a very serious situation, and I think that’s why you are seeing countries respond, and I think …

Trade Minister Tim Groser  welcomed the announcement on the successful conclusion of negotiations with the Republic of Korea on a Free Trade Agreement. “Korea is one of New Zealand’s biggest and most important trading partners,” says  Groser.  “The FTA will deliver real economic benefits for both our countries. It will create more opportunities for our business and will deliver cheaper products …

Anzco chairman Sir Graeme Harrison – who also leads the NZ International Business Forum – has pledged business support for a “fighting fund” to promote free trade. The Harrison pledge was made a a breakfast with Prime Minister John Key in Beijing earlier today. It appeared to be in response to the anti- TPP protests which have dominated NZ headlines …

AsureQuality and PwC have inked a deal with  COFCO, China’s largest agricultural and food products supplier, to continually improve China’s food safety and quality. AsureQuality and PwC (China and NZ arms) inked the deal with Cofco this morning (Beijing time) on the side-lines of the 2014 Asia Pacific Economic Cooperation Summit in Beijing. The formal release says: “Drawing on leading …

The pressure will go on Barack Obama today to put his political capital on the line and get Congressional support to close out TPP. The mantra around the Apec meeting earlier today was “the finish line is in sight” when it comes to finalising negotiations on the Trans Pacific Partnership. The chapters of the TPP agreement are in place with …