UK Trade Secretary visits New Zealand and Australia

0
  • Trip will encourage more companies to take advantage of recently signed agreements in the UK
  • Trevelyan is the first Cabinet Minister to meet Australia’s new government on Australian soil.
  • Opportunity to discuss continued support for the UK’s efforts to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

Anne-Marie Trevelyan is traveling to the region to promote global Britain and opportunities for British businesses after the UK signed trade deals worth £800million with New Zealand and £2.3 billion with Australia.

  • In New Zealand, she is meeting Minister for Trade and Export Growth, Damien O’Connor, to discuss how to maximize the benefits of the trade deal and increase business awareness of it. She will also meet the Mayor of Christchurch, Lianne Dalziel.
  • She will receive an official Marae welcome, known as pōwhiri, in Rotorua, and visit Miraka, a sustainable Maori-owned milk processing plant. She will also meet with Te Taumata, the Maori Trade Advisory Council, to discuss opportunities to strengthen Maori trade cooperation through the UK-New Zealand Free Trade Agreement.
  • And on the final stop in Auckland, she will meet Mayor Phil Goff and visit Babcock International to promote defense industry partnerships in the UK and New Zealand.
  • In Sydney, she will visit Qantas to learn about Project Sunrise and the purchase of key Airbus aircraft components and Rolls Royce engines; organize a roundtable on electric vehicles, promote the strengths of the UK’s technology ecosystem and launch a Net Zero Innovation handbook, to showcase UK expertise in climate technology. She will also visit Central Station, where the UK-Australia partnership is leading the way in sustainable design and engineering.
  • In Adelaide, she will visit leading defense companies including BMT, MacTaggart Scott and the BAE Systems Frigate Shipyard.
  • The Trade Secretary will also deliver a speech alongside her counterpart, Minister Farrell, on the next steps for the UK-Australia Free Trade Agreement and wider UK trade and commerce relations .

The visit is also an opportunity for the International Trade Secretary to discuss the two countries’ continued support for the UK’s membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) by the end of the year. year. The CPTPP is a £9 trillion trading bloc, which could see 99.9% of UK exports become eligible for duty-free trade with the 11 member countries. This would further increase opportunities for UK businesses in the region.

Louise Cantillon, British Consul General and Assistant Trade Commissioner for Asia-Pacific (Australia and New Zealand), said:

Trade is an important part of the modern partnership between the UK and Australia and New Zealand, and I am delighted to welcome the Secretary for International Trade to this region.

This is his first visit since the signing of the free trade agreements and it is a key part of our work to prepare companies to make the most of the agreements. In New Zealand, I am particularly pleased that we are able to meet so many Maori businesses that will benefit from the FTA chapter to promote the benefits of international trade.

This tour will showcase amazing UK businesses showing how UK innovation, technology and skills in the region are used in partnership to deliver economic growth.

British High Commissioner to Australia Vicki Treadell said:

Australia and this region are key to the UK’s Indo-Pacific tilt and I am pleased to welcome Minister for International Trade Trevelyan. Strong trade and investment flows are a key pillar of our partnership and, having signed free trade agreements, our job is now to prepare for the realization of the benefits.

This high-profile visit will see the Minister engage in the areas of trade, defense and climate, demonstrating the importance of our modern partnership in maximizing opportunities and tackling today’s challenges together.

The British High Commissioner to New Zealand, Iona Thomas, said:

I am delighted to welcome the Secretary for International Trade on this important visit, focusing on how to maximize the benefits of the FTA, the UK’s efforts to join the CPTPP and future cooperation on global trade. There is enormous potential for economic growth by working together, which increases the prosperity of both countries.

I am delighted to meet successful British businesses across New Zealand and showcase the unique and dynamic relationship between New Zealand and the UK. Both countries strongly believe in global responses to global issues and challenges, protecting our democratic values, promoting free trade, and taking urgent action to protect our climate and oceans.

I am particularly pleased to engage with Maori businesses that put sustainability at the heart of their work on this visit. Developing relationships between the UK and all of New Zealand is a key priority for the team in New Zealand.

Notes to editors:

  • The UK government is working to complete domestic ratification processes so that UK, Australian and New Zealand businesses can use the agreement as soon as possible.
  • The UK-New Zealand FTA is expected to boost trade by nearly 60%, create jobs, raise wages and add £800m to the UK economy.
  • The UK-Australia FTA is set to unlock £10.4bn of additional trade, eliminating tariffs on 100% of UK exports and boosting the economy by £2.3bn sterling.
Share.

Comments are closed.