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Message from the executive director

Our annual conference Go Global is only a couple of weeks away and I think we have one of the best speaker line-ups ever.  Tickets are selling fast, so don’t miss out on this great learning and networking opportunity – see the full programme below.
Also in this newsletter you can read the latest trade update, learn about loan guarantee financing available from the Export Credit office and sign up for e-ping alerts about international regulatory changes that affect your business.


Happy exporting and ‘Go the All Blacks’.

Catherine Beard

027 463 3212 or cbeard@exportnz.org.nz

Trade update - September

US Japan- possible bad news for New Zealand exporters

One of the outcomes from the UN General assembly meetings in New York was the finalization of an agreement between the US and Japan.  In return for a US “commitment” not to increase tariffs on automobiles and some auto parts Japan will apply the commitments it has made under CPTPP for import liberalization to some US agriculture imports.  Unfortunately for New Zealand this includes beef and cheese and other products of interests.

This agreement will therefore potentially see the US, once more, competing on a level playing field with New Zealand exporters in the Japan market.  This threatens to erode some of the most important gains achieved through CPTPP.

It is unclear when Japan’s commitment to the US will actually begin (there is still plenty of follow up negotiation necessary).  And this deal is potentially subject to challenge in the WTO. The EU in particular is expressing displeasure (mainly because it leaves the EU very exposed on automobiles and because it makes it even more difficult for the EU to exclude agriculture in any bilateral deal with the US designed to avoid higher automobile tariffs).  This agreement is almost certainly a breach of WTO rules (it does not meet the substantially all trade rule in Article XXIV).

More ->>

Go Global 2019

This year Go Global brings you innovative, tech-savvy and customer-focused leaders who are changing the way they export and deliver at scale. Why the changes? Because it cuts down their trade risks.

Dark clouds are gathering in international trade circles, with tariff wars between the US and China, a messy Brexit, and the WTO disputes system under threat from the US failing to approve new appellant judges.

Our top-notch contributors at this year’s one-day conference will dive deep into what this means for New Zealand exporters.

Join us for a full day of Kiwi exporters telling their big stories about how they are leaping forward and battling international competitors. Take what they’ve learnt and see how you can scale your exporting business.

View the programme here ->>

Powered by Place

The New Zealand Agritech Story is now available. A collaboration between industry and government, the New Zealand Agritech Story provides a compelling way of promoting New Zealand’s agricultural technology internationally and will help kiwi exporters stand out on the world stage. 

The launch includes a comprehensive suite of free promotional materials showcasing why Kiwi companies are unique, both in the way we have developed our innovative solutions and the way we operate as partners.
 
Access the suite of resources here.

Aroa Biosurgery posts maiden profit as it expands sales presence in U.S. and global mark

Auckland, NZ. Aroa Biosurgery has posted a modest profit for the FY18/19 year, a first for the Auckland-based, privately held tissue-regeneration company since its formation 10 years ago.

Chief Executive Brian Ward said the first-time push into profit would be welcome news for the company’s tight and supportive family of investors. It was achieved off the back of 118% revenue growth to $24.2 million.

“We are delighted that after a number of years of investment in product development, regulatory approvals, manufacturing capacity, and more recently in a direct sales team in the United States, we have demonstrated that we can be profitable,” Mr Ward says.

More ->>

Loan guarantee helped Genie II launch internationally

It began with a conversation between two university friends in a bar one night who saw a market for quality accessories to accompany growing film-maker interest in DSLR cameras.  Six years later, a new company called Syrp entered the global market with a motion-control and time-lapse device for DSLR cameras.  Their first product release was a success, funded in part by crowd-funding and shareholder investment.  As they funnelled all their sales revenue into R&D for a new product and software improvements, they looked for a solution to finance the costs in manufacturing and delivering its new product to its offshore retailers. 

Read here how the Treasury’s New Zealand Export Credit used its Loan Guarantee to underwrite 50% of this pre-shipment finance, in partnership with Syrp’s bank (BNZ). 

Understanding Chinese Investment in New Zealand

If you would like to have a better understanding of Chinese in Investment in New Zealand, read the 'Understanding Chinese Investment in New Zealand' report commissioned by New Zealand China Council here.

ePing alerts – Get the inside edge on what’s happening in the export world

What is ePing you ask?
ePing is a valuable, free online web service for exporters.
You sign up quickly and easily to receive alerts on upcoming changes in export markets, including product requirements, labelling and standards that are not international.
You can choose how often you get alerted, the products you want to know about and the markets you are interested in.

And why is this so great?
ePing gives you a  ‘heads-up’ about proposed changes to export requirements that affect your business. If you are in the know early enough it will give you enough time to prepare and adjust your business to any upcoming changes.

Being in the know about any changes that affect your business also gives you the opportunity to have a say before proposed changes become law. The country that wants to make changes is obliged to take your comments into account.

Sign-up for ePing alerts here

For more information, email the New Zealand Technical Barriers to Trade Enquiry Point.

ExportNZ
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