Today's Edition
ISIDORA CIRIC (ABU DHABI)
Todd McClay, New Zealand's Trade and Investment Minister, has described the UAE as a "trusted Gulf partner" ahead of AIM Congress 2025, taking place from April 7-9 in Abu Dhabi. During his participation, McClay aims to "strengthen ties with UAE investors" and promote New Zealand as an attractive investment destination.
"The UAE is a trusted Gulf partner, with two-way trade valued at NZ$1.3 billion," McClay said in an official statement, published on the New Zealand government's website on Sunday.
"In January this year, we signed a Comprehensive Economic Partnership Agreement (CEPA) and investment treaty with the UAE to signify the importance of our bilateral relationship and enhance two-way trade and investment flows between our countries."
McClay said the congress offered a chance to present high-growth opportunities to "top-tier" foreign investors, following New Zealand's recent Infrastructure Investment Summit.
"Foreign direct investment is vital for New Zealand's economic growth and UAE investors are seeking high-growth opportunities. New Zealand offers world-class prospects in energy, infrastructure, cleantech, fintech, transport, manufacturing, aquaculture, and many more sectors," the minister added.
During his stay in Abu Dhabi, McClay will meet with UAE investors, government officials and business leaders to promote New Zealand as open and ready for investment.
"New Zealand is open for business. The establishment of Invest New Zealand and recent investment reforms make it easier to welcome foreign capital that benefits our country," he said.
"Engaging with global investors enables New Zealand to grow and supercharge our economic development."
