NZ a possible transit for Asia, South America trade; could bring in billions

Author
Newstalk ZB,
Publish Date
Wed, 24 Nov 2021, 8:07AM
(Photo / Supplied)
(Photo / Supplied)

NZ a possible transit for Asia, South America trade; could bring in billions

Author
Newstalk ZB,
Publish Date
Wed, 24 Nov 2021, 8:07AM

New Zealand is set to reap billions of dollars in benefits, thanks to a new travel and trade route. 

A New Zealand China Council-commissioned report has found a route linking Asia to South America via New Zealand could bring close to 1.9-billion dollars over 10 years 

Executive Director Rachel Maidment told Kate Hawkesby it would benefit our e-commerce, tourism and education sectors. 

“There is going to be one major point in Oceania and we really want it to be us so we need government and industries to continue to work together to ensure the right fundamentals are in place.” 

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