New Zealand and Brazil have agreed to establish a Trade and Investment Dialogue to grow trade and investment between them.
Trade and Investment Minister Todd McClay said that by setting up this Dialogue, the government is committed to working more closely on trade and economic issues, including specific areas like WTO reform.
“That’s good news for exporters. When global trade is this unpredictable, it pays to have strong, steady relationships,” said McClay.
Over the past 60 years, New Zealand and Brazil have built a solid partnership, backed by close people-to-people, education and cultural ties, and a shared commitment to open, rules-based trade.
The Dialogue will also be used to discuss ways to deepen the broader trade relationship, including through trade negotiations. It follows a meeting of senior New Zealand and Brazilian officials in Brasília in September.
Two-way trade between New Zealand and Brazil totalled NZD 528 million in the year ending March 2026. New Zealand exported NZD 205 million to Brazil, with key exports including travel services, pharmaceuticals, fruits and nuts, mechanical machinery, and electrical machinery and equipment.
Brazil exported NZD 323 million to New Zealand, including coffee, tea and spices, wood pulp, pharmaceuticals and animal feed.
Dates for the first meeting will be set following the second round of Brazil’s elections (25th of October) and New Zealand’s election (7th of November).
More local news here
