New Zealand PM scores trade deals on China trip

World News
2023-06-28 | 04:39
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
New Zealand PM scores trade deals on China trip
Whatsapp
facebook
Twitter
Messenger
telegram
print
3min
New Zealand PM scores trade deals on China trip

China and New Zealand on Wednesday signed a string of agreements designed to boost trade between the two countries, as their leaders met in Beijing for talks.

New Zealand Prime Minister Chris Hipkins is in China on a multi-day, multi-city mission to drum up business and help his nation exit an election-year recession.

After meeting Chinese President Xi Jinping on Tuesday, Hipkins' charm offensive continued Wednesday, when he met Premier Li Qiang at the Great Hall of the People, greeted by a 48-strong band from the People's Liberation Army.

Dialing down any criticism over China's human rights abuses, tensions over Taiwan, and Beijing's tacit support for Russia's invasion of Ukraine, Hipkins hailed the meeting as a reaffirmation of "important economic connections" between the countries.

"Our trading relationship is worth over NZ$40 (US$24) billion annually," Hipkins said, stressing the need to "reaffirm the important economic connections we have with China".

Li for his part welcomed Hipkins warmly as "a young and promising politician" and thanked him for the visit "after less than half a year in office".

Agreements were signed on trade, agriculture, forestry, education, and science and innovation.

With an eye on criticism rumbling at home, Hipkins insisted that a "strong economic relationship" with China was "helping boost New Zealand's economic recovery".

New Zealand's economy slid into recession earlier this year, fueled by a drop in exports and a slowdown in the country's all-important agriculture industry.

Wellington's Western allies have long been concerned about what they see as the New Zealand economy's overdependence on trade with China.

But with growth stalling and Hipkins facing a tough campaign to secure another term in October, such concerns have been put on the back burner.

Hipkins said "areas of difference, such as over human rights" were dealt with in a "respectful" way.

"I urged China to use its influence to encourage Russia to act consistently with its international obligations and cease its illegal war in Ukraine," he added.




AFP
 

World News

New Zealand

Prime

Minister

PM

Score

Trade

Deals

China

Trip

LBCI Next
Italy warns of 'damage' from ECB interest rates hikes
Myanmar economy hampered by junta restrictions, power cuts: World Bank
LBCI Previous
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More