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Barbados And New Zealand To Strengthen Economic Ties
by Amanda Banks, Tax-News.com, London

20 February 2008

Barbados and New Zealand are exploring avenues for exploiting opportunities in international business and pursuing closer economic and commercial cooperation.

These issues were the subject of recent discussions between the two governments during a meeting between New Zealand High Commissioner to Barbados, Kathleen Lackey, and Barbados Minister of Foreign Affairs, Foreign Trade, and International Business, Christopher Sinckler.

The two parties noted the commonalities between the countries, based on shared Commonwealth traditions and institutions, and compared positions on multilateral trade negations and trade liberalisation. The two sides also exchanged views on climate change, especially as it relates to Small Island States.

The New Zealand High Commissioner complimented Barbados on its demonstration of good governance and democracy over the years, and also stated that the country had created an excellent environment for attracting new businesses and investment.

Minister Sinckler, while acknowledging that the two countries enjoyed good diplomatic relations, agreed that opportunities existed to forge closer ties and enhance bilateral cooperation.

Barbados and New Zealand have previously supported each other in international fora, and the Barbados government stated that it would continue to cooperate with New Zealand in this context.

The two countries established diplomatic ties in 1974, and have non-resident accreditation to each other out of their High Commissions in Ottawa, Canada.

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