NZ Inc India Strategy

India New Zealand Business Council is pleased to advise all stakeholders of a significant development in relation to India - NZ relations.

The New Zealand Government has endorsed a strategy for New Zealand's engagement with India. This is the first in the series of such strategies being developed, and its implementation is underway.

This would be achieved through concerted inter-agency action plans in five major goal areas: merchandise trade, services, investment, skilled migrants, and regional and global issues.

INZBC has had input into the strategy and is very pleased to see this joined-up approach from the New Zealand Government.

The Strategy articulates a clear vision that India should be a core trade, economic and political partner for New Zealand by 2015. The Strategy has six broad goals:

Grow merchandise exports to at least NZ$2 billion per year by 2015;

Grow services trade with India by an average of 20% per year;

Improve the bilateral investment framework and facilitate growth in the investment relations;

Attract and retain skilled migrants from India who are able to make an effective contribution toNew Zealand’s economic base;

Engage more deeply with India on regional and global issues that will impact on New Zealand’s future prosperity and security;

Raise the profile of New Zealand’s value proposition in India through a series of conscious steps, from enhanced cricket diplomacy to increased political contact with India.

The NZ Inc India Strategy was launched by Prime Minister John Key on 20 October at The Cloud, Auckland. More information on the NZ Inc India Strategy is here, including NZ Inc’s ‘Opening Doors in India’ publication.

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