The Government has launched Invest New Zealand, a new initiative aimed at making New Zealand a top destination for foreign direct investment (FDI). This agency will focus on attracting capital to critical infrastructure, fostering innovation, increasing R&D, and enhancing global connections. Incubated within New Zealand Trade and Enterprise (NZTE), it will transition into an autonomous agency to drive international investment and economic growth.
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Foreign Minister Winston Peters emphasized the strong ties and shared strategic goals between New Zealand and the Nordic countries, particularly Sweden, during his visit. Highlighting the alignment in values and the potential for enhanced cooperation, Peters also acknowledged Sweden’s support for the forthcoming EU-NZ Free Trade Agreement (FTA), underscoring its significance for fostering economic opportunities and strengthening bilateral commercial relationships.
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NZ and Nordics: likeminded partners
In a recent visit to Sweden, New Zealand’s Foreign Minister Winston Peters spotlighted the profound connection and mutual understanding between New Zealand and the Nordic region. Praising Sweden as a key ally within the European Union, Peters reflected on the shared values and strategic alignment that underpin this relationship. This visit also provided an opportunity to express gratitude for Sweden’s role in advancing the EU-NZ FTA, a pivotal agreement expected to deepen economic ties and promote collective prosperity between New Zealand and the EU.