Trade Minister Todd McClay will make the first official visit to Thailand by a New Zealand Minister since 2013 to engage with key ministers and business leaders on trade.
“Thailand is now our eighth largest trading partner. Since the Thailand New Zealand Closer Economic Partnership came into force, total goods trade has increased almost 150 per cent to more than $3 billion in 2016,” Mr McClay says.
“Many New Zealand companies have benefited from better access, but there is opportunity to further increase goods and services exports.”
During the two day visit, Mr McClay will sign an agreement increasing the volume of New Zealand dairy products that can enter Thailand under a preferential tariff rate.
Mr McClay will also sign the official book of condolence on behalf of the Government and people of New Zealand, for the late King, His Majesty Bhumibol Adulyadej.
“New Zealand has a 60 year diplomatic relationship with Thailand, but our economic relationship has been growing rapidly. We look forward to deepening our economic relationship with this important member of the ASEAN region,” Mr McClay says.
| A Beehive release || July 23, 2017 |||