Te Taumata has spent two years focused on planning for new Free Trade Agreements (FTAs) with large market blocs of the world.
Our strategy was to mitigate the risk of Māori being over-exposed to the large China market.
China is a hugely important market for Māori products like forestry, fishing and seafood, horticulture and agriculture and it will remain so for Māori exporters.
However, there is a risk to this exposure, hence the strategy to create and ensure other large markets for our exporters.
In the last 12 months, we supported the new FTA with the UK and the European Union, two massive markets for our exporters, and we are working on the new agreement with the US and Indo-Pacific, as well as updating the CPTPP trade agreement.
However, as a nation we are nearing Peak-FTA, meaning Aotearoa will have comprehensive trade agreements in place with all of the world’s major markets.
So now, our focus is going to shift to strategic planning to make excellent trade outcomes a reality for Māori.
Nō reira koutou mā, nau mai, haramai – please reserve 24 March 2023 in your calendar for the first Te Taumata trade hui of 2023, which will be held at Ōrākei Marae in Tāmaki Makaurau.
More information about the hui and formal invites will be sent out closer to the time. In the meantime, please save the date!