Government signs Indo-Pacific Economic agreements to boost trade and cooperation

Posted: 06 Jun 2024

Trade Minister Todd McClay and Climate Change Minister Simon Watts, today signed three Indo Pacific Economic Framework (IPEF) agreements that will boost investment, grow New Zealand’s digital and green economies and increase trade between New Zealand and the 14 IPEF partners.

The Clean Economy Agreement signed by Minister Watts increases cooperation on achieving climate goals by mobilising investment in technologies and solutions for energy, industry, and transport.

“This agreement provides new ways for Kiwi innovators and investors to partner in climate change solutions while supporting renewable energy and emissions reducing technology. This will bring significant benefits to New Zealand,” Mr Watts says.

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