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Sat 25 Apr 2015 09:35 AM

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New Zealand PM to lead delegation to UAE, Saudi Arabia

John Key will head business delegation next week, aiming to build on $1.4bn trade with GCC

New Zealand PM to lead delegation to UAE, Saudi Arabia
New Zealand Prime Minister John Key. (Getty Images)

John Key, New Zealand's Prime Minister, is to lead a business delegation to the UAE and Saudi Arabia next week.

The visit to the UAE, scheduled for April 26, comes as the GCC ranks as New Zealand’s fifth largest export destination with goods exports worth $1.4 billion in the year to December 2014.

Exports of goods have grown by an average 10 percent per year over the last decade, according to a statement.

The delegation will also visit Saudi Arabia on April 28, the statement added.

"The visit is an opportunity to strengthen and grow trade and business links between the United Arab Emirates and New Zealand," said the Prime Minister.

"A key priority for me will be talking to key figures in the region about the importance of progressing New Zealand’s Free Trade Agreement with the GCC," said Key.

"New Zealand has a lot to offer the UAE and a number of our businesses already have a strong presence in this market. My visit is aimed at opening doors and helping to further promote New Zealand companies," he added.

A range of meetings are scheduled with senior government leaders across the region. The Prime Minister will be accompanied by New Zealand Trade Minister, Tim Groser.

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