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New Zealand’s Participation in the Indo-Pacific Economic Framework for Prosperity

Last updated: June 20, 2022

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Export & Trade

New Zealand’s Participation in the Indo-Pacific Economic Framework for Prosperity

Joshua Tan

Published: June 20, 2022

Submitting To: Ministry of Foreign Affairs and Trade (MFaT)

Issue for Business: MFAT have asked for submissions on New Zealand's participation in the US-initiative "Indo-Pacific Economic Framework for Prosperity". The Framework is designed to re-engage the US in the Indo-Pacific through four pillars: Fair & Resilient Trade; Supply Chain Resilience; Infrastructure, Clean Energy, & Decarbonisation; and Tax & Anti-Corruption.

Action: ExportNZ believes there are significant opportunities and positive outcomes for New Zealand should it be involved in the Framework and we, therefore, lend our initial support to New Zealand’s participation in IPEF. In particular, ExportNZ supports New Zealand’s participation in three of the four pillars: Fair & Resilient Trade; Supply Chain Resilience; and Infrastructure, Clean Energy, & Decarbonisation.

Outcome: Awaiting Decision from MFAT on NZ Participation.

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