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News & Info

Asian Infrastructure Investment Bank (AIIB) update

Aug 19, 2015 | News

New Zealand recently joined as a founding member (subject to a successful Parliamentary/Treaty making process) of the new US$100 billion Asian Infrastructure Investment Bank (AIIB), which aims to leverage investment in infrastructure development in the Asia/Pacific region.

As an early joiner, New Zealand actively participated in negotiations establishing the Bank. Our decision to join the AIIB along with 49 other countries reflects the reality that increased infrastructure investment – driving economic growth in Asia – is ultimately in New Zealand’s economic interests, and potentially opens up commercial opportunities for New Zealand companies in the region. The AIIB is due to begin operation in early 2016.

MFAT and The Treasury have prepared an information note for New Zealand exporters. Click here for more information. 

Recent News

Gulf States trade deal unlocks new region

Nov 1, 2024 |

ExportNZ welcomes a new Free Trade Agreement (FTA) between New Zealand and the Gulf Cooperation Council, which provides new avenues for exporters.

Executive Director Josh Tan says the agreement with the Gulf States will streamline processes to get New Zealand products on shelves in the Gulf sooner.

NZ-UAE Trade Agreement Welcomed by Export Sector

Sep 26, 2024 | ,

“The deal between the UAE and NZ looks to be a comprehensive agreement between our two countries, and the immediate tariff reductions will be warmly welcomed by NZ businesses exporting goods and services into the Gulf State,” ExportNZ Executive Director, Josh Tan said.