MSC NewsWire

Founded by Max Farndale 1947 - 2018
Sunday, 03 July 2022 00:12
  • Home
    • About Us
    • Pricing
    • Global Presswire
    • Industry Organisations
  • News Sectors
    • Headlines Through Today
    • Environmental Talk
    • Out of The Beehive
    • Primary Sector Talk
    • Reporters Desk
    • The MSC NewsReel
    • MSCNetwork
    • FinTech Talk
    • The FactoryFloor Newsreel
    • Trade Talk
    • News Talk
    • Industry Talk
    • Technology Talk
    • Blockchain
    • Highlighted
    • The TravelDesk
      • TravelMedia
      • Sporting Tours
      • Holidays Tours Events + More
      • Airfares
      • Travel Enquiry Form
      • TravelBits
    • Travel Updates
    • The MSC TravelDesk Newsreel
    • Travel Talk
    • Travel Time
    • The Bottom Line
    • Regional News
    • News to Run Advice Form
    • World News
    • NewsDIRECT
    • MSCVoxPops
    • Press Releases
  • National Press Club
  • Contact Us

NZ needs to prepare for 'ticking trade time bomb' - Stephen Jacobi

  • font size decrease font size decrease font size increase font size increase font size
  • Print
  • Email

An expert in international trade has praised the Government's move to talk to the country about trade, but warned New Zealand needs to keep an eye on international movements as well.

Minister of Trade David Parker announced the Trade for All scheme on Monday, a series of meetings around the country aimed at speaking to the public about trade.

New Zealand International Business Forum Executive Director Stephen Jacobi told the AM Show more discussion as a country could lead to less problems with future agreements.

"We had a big debate about [access to medicines] in TPP and here's the thing I think we need to sort these things out before we go to trade negotiations," he said.

"The more we can tackle complicated issues like that amongst ourselves first the better it will be."

But the Government needs to keep an eye on what is happening overseas as well as global trade tensions cause instability in the markets.

United States President Donald Trump has been announcing new tariffs and New Zealand recently failed to get an exemption on tariffs on steel imports into the US.

Tim Groser coming home, ending term as Ambassador to US

Mr Jacobi said it's important the Government keeps an eye on that as well as getting New Zealanders on side for trade.

"We are in a really difficult place in trade internationally today," Mr Jacobi said.

"We're sitting on a ticking trade time bomb with this trade war. While we work out here in New Zealand what we want to do we've got to keep up the work around the world."     . . . . .

  • Source/ReadMore: A NewsHub release
Published in BUSINESS
Tagged under
  • Business
  • news talk
  • Trade

Related items

  • Sir Bill English to be honoured by Victoria University of Wellington
  • Higher bank capital better for banking system and NZ
  • Plastics industry helps designers create easy-to-recycle packaging
  • Great Barrier unhappy with Auckland’s marine sludge plan
  • XE Update Friday 30 November, 2018
More in this category: « Government providing $3.9 million of co-funding for 19 innovated EV projects More education professionals to vote on striking »
back to top
Sep 14, 2018

MPI to get tough on stink bug ships

in TRADE
Jul 30, 2018

From trade to currency war: US-China spat getting uglier on markets

in TRADE
Oct 18, 2018

New Zealand trade minister: China-NZ trade agreement sets fair rules

in TRADE
Aug 14, 2018

BayWa reports green figures, but not thanks to German apples

in HORTICULTURE
Aug 01, 2018

Retaliation fears over Brexit tariff plans

in TRADE
Jun 22, 2018

Malmström and Parker launch NZ/EU Trade Deal

in TRADE
May 17, 2018

Export award finalists demonstrate vibrancy of sector

in TRADE
Jul 11, 2018

NZ's Don McKinnon signs letter urging Donald Trump to back allies

in TRADE

MSC NewsWire is a gathering place for information on the productive sector in New Zealand focusing on Manufacturing, Productive Engineering and Process Manufacturing

  • Home
  • Global Presswire
  • Industry Organisations
  • National Press Club
  • Disclaimer
  • About Us
  • Pricing
  • Sitemap
Copyright © 2022 MSC NewsWire. All Rights Reserved.
Site Built & Hosted by iSystems Limited
Top
Environmental Talk