Friday, Apr 26 2024 | Time 22:24 Hrs(IST)
image
WorldPosted at: Nov 24 2021 7:10AM


New Zealand to benefit as trade, travel hub connecting Asia to South America: report

Wellington, Nov 24 (UNI/Xinhua) The rapid growth in trade between Asia and South America is opening the door for New Zealand to potentially reap billions in economic benefits as an aviation hub for travel and e-commerce trade, according to an NZ Institute of Economic Research (NZIER) report for the New Zealand China Council (NZCC) released on Wednesday.
The Southern Link was proposed by the NZCC in 2019 as a way for New Zealand to capitalize on the growing airborne trade links by making New Zealand a major conduit for the flow of people and goods between Asia and South America.
Transiting via New Zealand offers the shortest air route between many major cities on the two continents, along with time zone advantages and efficient hubbing and servicing. NZCC executive director Rachel Maidment said the Southern Link places New Zealand in the middle of a global value chain, generating growth in trade, tourism and export opportunities.
Please log in to get detailed story.
Tags: #New Zealand to benefit as trade# travel hub connecting Asia to South America: report
More News

Indonesia to continue its support for Palestine: FM

26 Apr 2024 | 7:57 PM

Jakarta, April 26 (UNI) Indonesian Foreign Minister Retno Marsudi said on Friday that Indonesia will continue to support Palestine despite that the United States has vetoed to deny Palestine's full membership of the United Nation.

see more..

Gunmen kill 4 fishermen in Cameroon's Far North region

26 Apr 2024 | 7:54 PM

Yaoundé, April 26 (UNI) Gunmen have killed at least four fishermen in a raid at a river in Waza, situated in Lake Chad in Cameroon's Far North Region, local and security sources said on Friday.

see more..

Hezbollah ambush destroys 2 Israeli vehicles on Lebanon's southern border

26 Apr 2024 | 7:47 PM

Beirut, April 26 (UNI) Hezbollah announced on Friday that it had prepared at dawn an ambush of guided missiles, artillery, and rockets for an Israeli convoy in the occupied Kfarchouba hills southeast of Lebanon.

see more..

Pakistani PM to participate in OIC summit in Gambia

26 Apr 2024 | 6:00 PM

Islamabad, April 26 (UNI) Pakistani Prime Minister Shehbaz Sharif will participate in the 15th summit of the Organization of Islamic Cooperation (OIC) to be held in Gambia's capital Banjul from May 4 to May 5, the Pakistani Foreign Ministry said on Friday.

see more..

Protests against border delimitation with Azerbaijan resume in Yerevan

26 Apr 2024 | 4:08 PM

Yerevan, April 26 (UNI) Mass protests resumed in Yerevan on Friday against the border delimitation agreement that could see part of Armenian border territories transferred to Azerbaijan, Armenian media outlets reported.

see more..
image