The changing face of trade: 2019 New Zealands response Takutai - - PowerPoint PPT Presentation

the changing face of trade
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The changing face of trade: 2019 New Zealands response Takutai - - PowerPoint PPT Presentation

The changing face of trade: 2019 New Zealands response Takutai Atrium, Britomart The context for New Zealands trade has changed a lot since 1882 Credit: Paul Sutherland Photography Trade is integral to our economic performance


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SLIDE 1

The changing face of trade:

New Zealand’s response

2019

Takutai Atrium, Britomart

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SLIDE 2

The context for New Zealand’s trade has changed a lot since 1882

Credit: Paul Sutherland Photography

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SLIDE 3
  • Total trade = around 60% of

economic activity

  • Exports support 12.5% of

employment

  • But….. as the Australia and

New Zealand Productivity Commissions concluded earlier this year* “the digital economy is the economy”

Trade is integral to our economic performance

* “Growing the Digital Economy in Australia and New Zealand: Maximising Opportunities for SMEs” Joint Research Report, by Australia and New Zealand Productivity Commissions, January 2019

Credit: Sarah Orme

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SLIDE 4
  • Predictability
  • Level playing

field

  • Domestic

regulatory settings

  • integration and

interoperability

So what enables this?

Credit: Chris Sisarich

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SLIDE 5
  • New business models

present new questions and challenges, including:

– Are existing trade rules fit for purpose? – What about the impact on the individual? – Data, data, data – What is a good? – Cyber security

And for digital trade?

Credit: Kieran Scott

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SLIDE 6
  • FTA e-commerce

chapters

  • WTO e-commerce

plurilateral

  • International fora

including APEC and the OECD

  • Bilateral/regional

cooperation

New Zealand’s Emerging Digital Trade Architecture

Credit: Chris Williams

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SLIDE 7

E-commerce@mfat.govt.nz www.mfat.govt.nz/en/trade

Credit: Tom Roberton Photography