MFAT - Weekly Global Economic Report – 2 July 2024

Prime Minister Luxon visits Tokyo 16 – 19 June

  • New Zealand Prime Minister Christopher Luxon visited Tokyo for three days, accompanied by a senior business delegation, media contingent and Māori kapa haka performance group. Prime Minister Luxon highlighted the growing demand for New Zealand’s high-quality food, beverage and supplements in Japan through showcase events including at Costco, enjoying sushi made with New Zealand seafood, and introducing kawaii canines to New Zealand pet food.

  • Prime Minister Luxon launched a new Tourism New Zealand campaign, promoted rugby and education connections and witnessed his delegation closing business deals(external link). Commercial deals such at Rocket Lab’s satellite launch deal with Synspective, and a deal between Christchurch-based Fabrum to supply its proprietary liquid hydrogen storage system to Toyota demonstrated New Zealand’s credentials as a partner for Japan in renewable energy, science and innovation, and space.

  • In a Strategic Security speech(external link), the Prime Minister outlined New Zealand’s vision for a stable, peaceful, and prosperous Indo Pacific as well as his desire to grow our international trade connections and support business success with the following message: prosperity is only possible with security.

  • The visit culminated in a bilateral meeting(external link) with Japanese Prime Minister Kishida Fumio followed by a state dinner. The two Prime Ministers announced the in-principle conclusion of an Information Security Agreement, which will allow the two countries to share a wider range of information with each other, and welcomed the forthcoming launch of a jointly funded bilateral scientific research programme.

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