Recovery, Renewal, Resilience

New Zealand has developed a trade recovery strategy to protect jobs, increase employment and drive economic recovery. The strategy is shaped by three key priorities:

'Retooling support for exporters':

• Provide intensive support to exporters through tailored mechanisms to build capabilities and "connect with overseas markets and global partners"
• Strengthen online tools and services for exporters, e.g. "make trade barrier portals more user-friendly for exporters facing challenges offshore"
• Expand tools and services to SMEs through 'NZTE's Regional Business Partner network'

Refreshing key trade relationships:

• Provide current "free trade agreements with greater 'in-market' and 'to-market' support for exporters" - ensuring better support to an increased number of markets
• Intensify the existing trade diversification strategy and leverage New Zealand's reputation as a trusted trade partner
• Further the progress made on free trade agreements, through new negotiations e.g. with the UK
• Expand on the 'Comprehensive and Progressive Agreement for Trans-Pacific Partnership'

Reinvigorating international trade architecture:

• Support the World Trade Organisation and the Asia-Pacific Economic Cooperation to protect the multilateral rules-based system, develop consensus on policies to support recovery, and "push back against protectionism"
• Similarly, "pursue new 'plurilateral' negotiations, e.g. The Digital Economy Partnership Agreement and the Agreement on Climate Change, Trade and Sustainability"