New Zealand Broadens Trade Talks as India Pact Starts

New Zealand launched trade talks with Brazil and Canada to diversify exports as a new agreement with India takes effect. The trade push comes ahead of the November election with a goal to double exports by 2034.

New Zealand's Trade Minister Todd McClay listens during a joint press conference held on the sideline of the Asia-Pacific Economic Cooperation (APEC)'s 23rd Ministers responsible for Trade Meeting being held in Hanoi, Vietnam May 21, 2017. REUTERS/Hoang Dinh Nam/Pool/File Photo

New Zealand launched new trade talks with Brazil and Canada on Tuesday, targeting 100% export growth by 2034. The export diversification push coincides with the formal implementation of a bilateral free trade pact with India. The trade initiatives arrive ahead of a competitive national election on November 7, as officials seek to cushion local industries against global economic headwinds.

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