Indo-Pacific Economic Framework could benefit Māori

Indo-Pacific Economic Framework could benefit Māori

With the current geopolitics playing out around the world, including war in Europe and China exerting influence into the Pacific, it is crucial Aotearoa is negotiating international partnerships that open up new opportunities for Māori.

The USA’s Indo-Pacific Economic Framework (IPEF) is a promising initiative that has the potential to reap significant, tangible rewards for all partners if successful.

The framework will set out to define shared objectives around trade facilitation, standards for the digital economy and technology, supply chain resiliency, decarbonisation and clean energy, infrastructure, worker standards, and other areas of shared interest.

The Centre of Strategic and International Studies (CSIS) recently published a report that analyses the framework and outlines some key recommendations of what needs to be done to create an enduring, mutually-beneficial framework.

Written by Senior Vice President for Economics, Matthew P. Goodman, and Senior Adviser and Scholl Chair in International Business, William Reinsch, it was pleasing to see the report equally consider the interests and benefits of the USA and Pacific nations.

The next step will be ensuring indigenous (Māori) interests are incorporated into this new regional (Pacific) arrangement.

SHARE THIS POST

Facebook
Twitter
LinkedIn

Canadian Council for Aboriginal Business

CCAB delivers programs that facilitate the growth of Indigenous business, build relationships between Indigenous and non-Indigenous business, and ensure life-long learning for Indigenous entrepreneurs, and other Canadian business leaders. These efforts recognise the central role that Indigenous business and communities hold in the future of Canada.
Our mission is to promote, strengthen and enhance a prosperous Indigenous economy through the fostering of business relationships, opportunities and awareness for all of our members.

Ministry of Foreign Affairs and Trade

The Ministry acts in the world to make New Zealanders safer and more prosperous.
E mahi ana te Manatū i te Ao kia whai haumaru me te whai rawa mo Aotearoa.
New Zealand’s security and prosperity depend on the conditions in, and our connections with, the wider world. This means we must engage with – and seek to influence – other countries to our advantage, in line with New Zealand’s values and interests including that of Maori.

New Zealand Trade and Enterprise

New Zealand Trade and Enterprise (NZTE) is the government agency charged with helping New Zealand businesses to grow internationally.
We use our extensive knowledge and global networks to help exporters of all sizes make better decisions and connect to the right partners and investors.
We connect international businesses and investors with high-value growth opportunities in New Zealand.
By supporting New Zealand businesses, we boost New Zealand's economy and reputation, and help to share what's special about New Zealand with the rest of the world.

Callaghan Innovation

We are New Zealand's innovation agency. We activate innovation and help businesses grow faster for a better New Zealand.
We partner with ambitious businesses of all sizes, providing a range of innovation and research and development (R&D) services to suit each stage of growth.
Our people – including more than 200 of New Zealand’s leading scientists and engineers – empower innovators by connecting people, opportunities and networks, and providing tailored technical solutions, skills and capability development programmes, and grants co-funding.

Ministry of Business, Innovation and Employment

Ministry of Business, Innovation and Employment (MBIE) plays a central role in shaping and delivering a strong New Zealand economy.
Our role is to create better outcomes for all New Zealanders, particularly by supporting business growth.
We are responsible for the delivery of advice, regulation and services that have a real impact on people, businesses and the environment within which they operate.