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NZ, Philippines To Discuss Trade

by Mary Swire, Tax-News.com, Hong Kong

16 October 2012


Filipino President Benigno Aquino III is to head up a delegation to New Zealand to discuss trade relations and areas in which the two countries can further collaborate.

Aquino will be hosted by New Zealand's Prime Minister John Key from October 22-23. He will be accompanied by his Secretary of Foreign Affairs and a number of other government ministers, and a large trade delegation.

Announcing the visit, Key said that the Association of Southeast Asian Nations-Australia-New Zealand Free Trade Agreement offers many opportunities for increasing two-way trade. He stressed that as members of regional forums such as Asia-Pacific Economic Cooperation and the East Asia Summit, New Zealand and the Philippines share a number of interests.

Key expects discussions to include options for further collaboration in dairy development, as the Philippines is an important market for New Zealand dairy exports. He also anticipates the geothermal industry, tourism and aviation to be raised.

TAGS: tax | free trade agreement (FTA) | export duty | aviation | trade treaty | Philippines | New Zealand | import duty | trade

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