NZ and Australia Boost Trade with $10M Investment
New Zealand's Minister of State for Trade and Investment, Nicola Grigg, announced a joint commitment by New Zealand and Australia to invest $10 million to enhance trade relations under the PACER Plus regional agreement. This step demonstrates a mutual commitment to fostering economic growth and cooperation within the Pacific region.
"This investment reflects a shared desire to strengthen economic ties and boost trade opportunities," said Nicola Grigg.
The funds aim to support initiatives that improve trade infrastructure, facilitate smoother market access, and promote sustainable development through closer collaboration among member countries.
This renewed partnership under PACER Plus highlights the strategic importance both nations place on regional partnerships to drive economic prosperity and stability.
This investment embodies New Zealand and Australia's proactive approach to deepening regional trade cooperation under PACER Plus for shared economic growth.
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