Deal clears the way for foreign investment

The new FTA cuts through business investment red tape. (Image: Unsplash)

Fri, 22 Oct 2021

A new NZ-UK free trade deal isn’t just good for the honey and cheese exporters but strips out red tape that will pave the way for more foreign investment.“New Zealand desperately needs high-quality foreign direct investment to fund improvements in our business and farming sectors,” said John Ballingall, economist at Sense Partners. “We don't save enough domestically to generate a sufficiently large pool of domestic investment, so we need investment from overseas," he said. Among other things, the in-pr...

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