Chambre de Commerce - Fiche d'information pays Dernière mise à jour: 07.02.2017
The Polynesian Maori reached New Zealand in about A.D. 800. In 1840, their chieftains entered into a compact with Britain, the Treaty of Waitangi, in which they ceded sovereignty to Queen Victoria while retaining territorial rights. That same year, the British began the first organized colonial settlement. A series of land wars between 1843 and 1872 ended with the defeat of the native peoples. The British colony of New Zealand became an independent dominion in 1907 and supported the UK militarily in both world wars. New Zealand's full participation in a number of defense alliances lapsed by the 1980s. In recent years, the government has sought to address longstanding Maori grievances. New Zealand assumed a nonpermanent seat on the UN Security Council for the 2015-16 term.
Economic growth is projected to moderate somewhat to 3% in 2016 and 2.7% in 2017. The impact of lower dairy prices on exports and an end to stimulus from the earthquake-related rebuild will curb activity, although the slowdown in construction will be attenuated by expansion elsewhere in response to high immigration. Immigration will also sustain growth in private consumption. Inflation will rise but stay below target.
The Reserve Bank has continued to lower its policy rate and signalled more cuts to come, as persistently below-target inflation risks pushing already low inflation expectations down further. Weaker global growth prospects and recent currency strength have accentuated this risk. Fiscal policy is still on a consolidation path, which seems appropriate given robust domestic demand.
Reducing barriers to FDI and to competition in the electricity, transport and telecoms sectors would facilitate greater investment and innovation, increasing productivity and reducing prices. The innovation framework should be strengthened, for example by reinstating the R&D tax credit. Greater urban infrastructure would promote productivity-enhancing densification. Further reforms are required to enhance skills development, especially for disadvantaged groups.
Source: OECD - Economic Forecast
Source: IMF Statistics - New Zealand
Le Luxembourg et le pays
Existing conventions and agreements
Non double taxation agreement
In order to promote international economic and financial relations in the interest of the Grand Duchy of Luxembourg, the Luxembourg government negotiates bilateral agreements for the avoidance of double taxation and prevent fiscal evasion with respect to Taxes on Income and on fortune with third countries.
Air Services agreement
- Agreement from 11.02.1992 (Memorial 1995, A, p. 1592)
- Effective as of 20.12.1995 (Memorial 1996, A, p. 88)
The Statec Foreign Trade statistics provide information on the trade of goods - by product and by country. This information is collected respectively through the INTRASTAT declaration and on the basis of customs documents.
You can see the statistics on the website of the Statec.
Contact point in New Zealand
Economic and Commercial Attaché (FIT): Mr.Kris Put
3A/120 Giles Street
Kingston ACT 2604
Tel: +61 2 62 39 61 93
Fax: +61 2 62 39 61 87
Honorary Consul with jurisdiction in New Zealan: Manou GILLEN
44, Siemonek Rise
Tel: +64 27 571 51 58
P.O. Box 16319
Country risk as defined by Office du Ducroire for New Zealand
Ducroire is the only credit insurer covering open account deals in over 200 countries. A rating on a scale from 1 to 7 shows the intensity of the political risk. Category 1 comprises countries with the lowest political risk and category 7 countries with the highest. Macroeconomics experts also assess the repayment climate for all buyers in a country.
Other Useful Links:
- CIA World factbook on New Zealand
- Doing Business in New Zealand
- Das ist Neuseeland
- La Nouvelle-Zélande sur le site de l'AWEX
- New Zealand Chambers
La Chambre de Commerce et le pays
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