John Key said New Zealand would use the opportunity at the G20 to talk to some of the leaders he hadn’t had an opportunity to talk to at recent APEC or East Asian Summit gatherings. He singled out Saudi Arabia Crown Prince Salman bin Abdulaziz as New Zealand seeks to progress the Gulf states free trade agreement and the European Commission …
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New Zealand and South Korea conclude free trade agreement after tough negotiations
New Zealand and South Korea have concluded a free-trade agreement that’s expected to cut into export tariffs in the nation’s sixth-largest export market that currently run to about $230 million a year. The deal, which was announced on the sidelines of the G20 Leaders’ Summit in Brisbane, will initially eliminate tariffs on 48 percent of current New Zealand exports, with duties largely eliminated …
Read More »NZ, South Korea free-trade agreement looks imminent
A long-awaited free trade agreement between New Zealand and South Korea appears close to being inked following talks in Seoul last week. Officials concluded the ninth round of talks on Friday. Comments by both New Zealand and Korean diplomatic sources suggest the deal is imminent, with people close to the talks saying there were no “thorny issues” outstanding, with both sides in “substantial agreement”. …
Read More »Gangnam Style only the beginning, says Victoria researcher
Hit single?Gangnam Style?by South Korean rapper Psy?the most viewed clip in YouTube?s history?may mark the start of a global shift in which the Asia/Pacific region?s cultural influence catches up to its economic and political importance, says researcher Dr Stephen Epstein. Epstein, Programme Director of Asian Studies in the School of Languages and Cultures at Victoria University of Wellington, is researching …
Read More »Auckland Mayor Len Brown – “Korean trade mission is yielding results”
Auckland Mayor Len Brown says Korea is a major opportunity for export-focused Auckland businesses and wants Auckland to look to Korea as an example of successful strategic economic development. Len Brown is leading 17 Auckland businesses on a trade mission to Korea and Taiwan. In Korea, the delegation visited Auckland’s partner cities of Busan and Pohang, and the economic powerhouse, …
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