APEC has 21 members and takes in most of the economies of the Pacific rim. It includes Australia and such giants as the United States, China, Russia and Japan as well as the economies of East Asia. The APEC region is of critical economic importance to New Zealand and furthering trade objectives through APEC is one of the Ministry's highest priorities. About Adobe Foreign Direct Investment Over 40 percent of global trade is now conducted through cross-border investment, and investment is growing at three times the pace of trade in goods. This boom in FDI flows underscores the increasingly important role played by transnational corporations in the development of the global economy.
Investment is essential for ensuring sustained economic growth and prosperity in New Zealand.
Foreign direct investment enables a higher level of investment in the economy than domestic savings can finance. The Ministry of Foreign Affairs and Trade has responsibility for the generic promotion overseas of New Zealand as a viable and attractive investment destination. Reinforcing this message is one of the activities undertaken by all New Zealand overseas posts. Promotional material for use by overseas posts, investment professionals or any New Zealand businessperson travelling overseas is produced by the Trade and Economic Analysis Division. Forthcoming major events such as the APEC meetings and CEO Executive Forum, the Americas Cup and millennium activities will offer many opportunities to promote New Zealand to potential investors.