Mr David Parker, Minister for Trade and Export Growth, New Zealand said that India and New Zealand need to further strengthen their socio-economic relations. We both need trade to help us address the most significant global issues to access the international market. We need to support the economic growth and development and avoid environmental damage impacting the people, he said.
Mr Parker added that New Zealand is engaging with various states in India to provide latest technology in agriculture, food storage and supply chain infrastructure to reduce food wastage. He said that New Zealand companies have started working with Indian businesses under the Make in India program. He also emphasized on the need to adopt newer technologies to encourage innovations and bridge the gap between the two nations. "Trade policies play an important role. There is lot that we can do together," said Mr Parker.
Highlighting the role of greater women entrepreneurs to nation's GDP, Mr Parker said that New Zealand is working to increase the number of women entrepreneurs in the overall trade. "According to IMF, greater female participation boosts growth by up to 35 percent of the GDP," he said adding that there are equal opportunities for women in India which will also contribute significantly to India's GDP growth. New Zealand's Trade and Export Growth Minister also invited Indian companies to invest in New Zealand in potential areas like aviation, tourism, IT, ICT, education. "We have developed new 'Trade for All' trade policy to ensure sustainable economic development and inclusive growth."
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