INZBC Newsletter - September 2023 |
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Dear <<First Name>> ,
I’m really pleased to be sending this update after such a successful New Zealand trade delegation to India.
The delegation was New Zealand’s largest ever to India, with around 50 business representatives from a range of sectors who all did a great job of representing our country and business community.
The trip was timed to coincide with Trade Minister Damien O’Connor’s visit and it was a real success.
We had strong engagement across government, business and media and we were able to show that New Zealand is willing to invest in the relationship, that we can be a positive partner and to help create commercial opportunities and understanding for participants.
We also couldn’t have asked for a better backdrop as we arrived just after India’s landing on the moon which of course New Zealand businesses Rakon and Rocket Labs played a part in.
It was also really encouraging to see the Minister outline the government’s new strategy for engagement, based on the India New Zealand Business Council report. We are working with the government on the release of its formal response to the report and we will be able to share that with you shortly.
I’d like to acknowledge the partnership of the Employers and Manufacturers Association, Export NZ, New Zealand International Business Forum and Auckland Chamber on this trip and we look forward to continuing to work with them.
There is real momentum in the relationship, and it’s been encouraging to see it being such a focus of both major parties this election.
Our job is to help maintain that momentum and focus and to play our part in strengthening the connection between our two countries and business communities.
We have some great events coming up to do that, with more details outlined below – I hope to see you all there.
Thanks for your support.
Michael Fox
Chair, INZBC
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World Food India 2023- processing for prosperity |
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The Ministry of Food Processing Industries (MoFPI), Government of India is organising World Food India (WFI) 2023 from 3rd to 5th November 2023 at Pragati Maidan, New Delhi, bringing together investors, manufacturers, producers, food processors, policy makers and organisations from the global food ecosystem.
The event comprises of Exhibition, Conference and Thematic knowledge sessions, B2B, B2G, and G2G meetings, Indian states and International pavilions, CEO Roundtables, and Food Street, Startup Awards, and much more.
Please fill in the registration form before 1st October, 2023.
Supported by Ministry of Foreign Affairs and Trade and New Zealand Trade and Enterprise. INZBC is inviting EOI for delegates to go for this exhibition.
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Emerging and Old School Global Trade Opportunities with the EMA and ExportNZ
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EMA in partnership with BNZ are delighted to invite you to our next Export Series event in Auckland, led by our CEO Brett O’Riley. Drawing from his experiences as part of the recent trade delegations to India, China and the APEC Business Advisory Council, Brett’s discussion in this in-person only event will include: - Key trade and investment opportunities and issues in India & Asia
- A preview of APEC Leaders week happening in San Francisco this November
- Global trading platforms and our relationship with Alibaba
- Impacts of the Indo-Pacific Economic Framework, Asian Development Bank Climate Change funding, and FTAs
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Waikato: Wed 27 Sep, 4pm-6pm
Bay of Plenty: Thu 28 Sep, 4pm-6pm
Auckland: Wed 4 Oct, 4pm-6pm
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Unlock Your Export Strategy: Don't Miss India, the World's Fastest-Growing Market |
The India Business Summit is right around the corner, and as a valued relationship of INZBC, you're eligible for an exclusive 33% discount on your ticket! This milestone event on September 28th at the Cordis Auckland is an opportunity for anyone interested in building business relationships between India and New Zealand.Organised by the Auckland Chamber of Commerce and The Indian High Commission.For more details and to book your tickets, click here: https://aucklandchamber.co.nz/event/indian-business-summit/
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Use code 'IndiaVIP' at checkout to claim your 33% discount on both individual tickets and tables.
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Business Delegation to India - Coverage |
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New Zealand business delegation “over the moon” with Indian trade and investment opportunities
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The involvement of New Zealand businesses in the successful Indian Moon landing epitomises the trade and investment opportunities between the two countries.
Just as Rakon and RocketLab provided innovative elements to the landing, the largest New Zealand business mission ever to visit India has uncovered significant trade and investment opportunities across a host of sectors.
The mission, comprising the leaders and members of five New Zealand business organisations, arrived in Delhi late last week and undertook a programme of events and direct business engagement as the Indian economy continues to surge ahead.
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| Joint Statement: New Zealand and India ministerial talks in New Delhi |
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Meeting of Hon’ble CIM Shri Piyush Goyal with Hon Damien O’Connor, on 28th August 2023
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Shri Piyush Goyal, Minister of Commerce and Industry, Textile and Consumer Affairs, Food & Public Distribution of India and Hon Damien O’Connor, Minister for Trade and Export Growth of New Zealand, had a bilateral meeting today at New Delhi.
This meeting is part of a sustained effort by both governments to develop a broad-based relationship, building on the excellent meeting between the Prime Ministers of both the countries in Port Moresby in on 22 May, 2023.
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India, New Zealand Signs MoU to Boost Cooperation in Civil Aviation
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According to the MoU, the designated airline(s) of New Zealand may operate any number of services with any type of aircraft, with third and fourth freedom traffic rights to/from six points in India, namely New Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, and Kolkata.
Courtesy: Saurabh Verma
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India, New Zealand sign MoU for boosting civil aviation ties |
DD India News Hour
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The National broadcaster of India, Doordarshan, interviewed Michael Fox, on the delegation to India and the INZBC Summit.
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‘World’s Knocking on India’s Door’: INZBC Chair, Michael Fox
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Michael Fox, the newly-appointed Chair of India New Zealand Business Council (INZBC), is excited about leading a business delegation to Delhi from August 27-31.
In an exclusive chat with The Indian Weekender, Fox, who is also Head of Global Public Affairs and Communication at Zespri, talks about his new role, the upcoming trip to India, and NZ-India relations.
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Courtesy: Navdeep Kaur Marwah, Indian Weekender
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NZ Inc makes big push in India as business delegation and trade minister head to New Delhi
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New Zealand will send one of the largest business delegations it has ever sent to India next week. It will do so against the backdrop of a stuttering Chinese economy, plunging farmgate milk price and concerns over the current account deficit while the clock ticks down to a general election date less than two months away. The backdrop on the Indian end is a nation embracing a series of trade deals, including with the UK, US, United Arab Emirates, Australia, Canada and the European Union.
Courtesy: Dileepa Fonseka, Business Desk
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Big business delegation ‘gets serious about India’ after gaping weakness identified in NZ-India economic relationship
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New Zealand must build a trade relationship with India, whose economy is bucking the global trend by growing at 6 per cent-plus a year, but it is not an alternative market to China yet.
Courtesy: Andrea Fox, NZ Herald
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India, New Zealand Discussing Introduction Of UPI To Promote Ease Of Doing Business
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India and New Zealand are discussing the possibility of introducing the Unified Payments Interface in the island country with a view to promoting ease of doing business, trade and tourism between the countries, the commerce ministry said on Tuesday.
The two countries are also looking at ways to allow the import of wooden logs from New Zealand.
Courtesy: PTI
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Indian momentum must be maintained, expert says
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Three days of negotiations and meetings between New Zealand officials and exporters and their Indian counterparts have delivered some useful building blocks for greater trade between the two countries, trade consultant Stephen Jacobi says.
A joint statement issued by Trade and Export Growth Minister Damien O’Connor and his counterpart Shri Piyush Goyal outlines the positive progress made in establishing direct air links between NZ and the sub-continent. It also proposes re-stating the lucrative log trade to India, and opens the door for horticultural and agricultural collaboration.Courtesy: Richard Rennie
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