New Zealand Embassy Brasilia, Brazil
Consul General in Sao Paulo Jeff McAlister speaks about the economic relationship between Brazil and New Zealand at the American Chamber of Commerce, 28 September 2011
Our Government recognises Brazil is an emerging global power. We also see significant opportunities here for New Zealand business, both for trade and investment. New Zealand is committed to strengthening our bilateral relationship with Brazil, and to this end has enhanced its representation here. The size of our Consulate General in Sao Paulo has doubled over the last year.
New Zealand's trade and economic relationship with Brazil is different from many others we have in that investment and trade in services are more significant than trade in goods. Our Government would like a stronger trade relationship with Brazil.
New Zealand’s dairy industry is significantly invested in Brazil. Fonterra’s joint venture with Nestle called Dairy Partners of Americas is the largest milk processor in Brazil, and there are two New Zealand-invested dairy farms in Brazil producing high quality milk which have demonstrated already the potential of a fusion between New Zealand farm know-how and technology and Brazilian experience, technology and productive capacity.
Our Government is pleased that Petrobras chose to invest in New Zealand’s oil and gas industry.
New Zealand companies have had some successes in selling agricultural technology in Brazil and we see good scope for more partnerships in this area that help increase the productivity of Brazilian agriculture drawing on New Zealand's sophisticated technology and know-how in this sector.
Like Brazil, New Zealand has been investing heavily in infrastructure to help our economy grow and as we get ready to host the Rugby World Cup later this month. I hope that our experience of hosting a major international sporting event may offer some points of reference for Brazil as you continue preparations for your two major upcoming international sporting events. We have a cluster of specialised manufacturing companies with niche high end capability in the construction sector.
There is already considerable movement of people between Brazil and New Zealand particularly around education and tourism. We would like to see this increase to support the strengthening of the wider relationship.
In education we welcome around 3,000 students from Brazil each year, mostly in the high school and English language sectors. It would be great to see more exchange at the tertiary education level.
Similarly there is excellent potential to increase tourism flows off a modest but strong base. The key to this is the establishment of a direct air service between Auckland and Sao Paulo which our Government is encouraging airlines to consider.
We welcome the opportunity to be members of Amcham and look forward to meeting and getting to know you all. I can see from the Calendar you have some great events that are of interest to our work at the Consulate. If you are interested in visiting or doing business with New Zealand, please do not hesitate to get in touch with us.