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Fourth spot for better trade

Posted on 22 April, 2014

New Zealand has been ranked fourth in the world for enabling trade. The Global Enabling Trade Report 2014 measured the extent economies have institutions, policy, infrastructure and services to facilitate the flow of goods and services.  “Our border arrangements and operating environment make it easier for New Zealanders to do business with the rest of world,” says Tim Groser, Minister of Trade. The index ranked this country’s border administration sixth out of 138 countries, while our operating environment cam seventh. New Zealand ranks first on integrity and lack of corruption in trade and payments. Two of the most significant barriers faced by Kiwi exporters are tariff barriers imposed and the high cost of delay caused by international transportation. “Our ambitious free-trade agreement agenda is focused on improving exporters’ access to international markets,” says Groser. “The government has also taken steps to invest in developing our transport infrastructure.”