6. Question No. 6—Trade and Export GrowthDAN ROSEWARNE (Labour) to the Minister for Trade and Export GrowthQuestion No. 6—Trade and Export Growth6. DAN ROSEWARNE (Labour) to the Minister for Trade and Export Growth: What recent announcements has the Government made about sustainable and inclusive trade as part of the Trade for All agenda?Hon DAMIEN O'CONNOR (Minister for Trade and Export Growth): It was a privilege to be in Adelaide last week with my Closer Economic Relations (CER) colleague the trade Minister for Australia Don Farrell and to conclude and sign a sustainable and inclusive trade declaration between Australia and New Zealand as we mark 40 years of closer economic relations. As close partners with shared values both New Zealand and Australia believe in a trading system which sees everyone getting a fair go. This joint declaration is about upholding those values of sustainability and inclusion throughout the next 40 years of CER and it sets out our commitment to work together on important issues like modern slavery plastics pollution climate change and indigenous trade. The Government was proud to sign this declaration progress our Trade for All agenda and continue our world-leading work on sustainable and inclusive trade.Dan Rosewarne: What work has the Government done to ensure the momentum of our Trade for All agenda continues into the future?Hon DAMIEN O'CONNOR: More great news; last week the Government released our refreshed Trade Environment and Climate Change Framework and our refreshed Trade and Labour Framework. It goes without saying that trade is key to our economic success but it's also a tool for good. These updated frameworks will be used to guide our future trade negotiations and will ensure that this Government continues to negotiate agreements that don't just bring new opportunities for New Zealand exporters but also improve standards of living protect labour rights and take action on climate change. This Labour Government's record on trade is historic. Since 2017 we have secured seven new or upgraded free-trade agreements and each and every one of those free-trade agreements has delivered progress for our exporters for our economy and for our Trade for All agenda and we fully intend to continue that momentum.Dan Rosewarne: How does the recent UK free-trade agreement (FTA) reflect our Trade for All agenda?Hon DAMIEN O'CONNOR: Well the UK free-trade agreement is our very first trade agreement negotiated and signed under our Trade for All agenda. It is a gold standard—in fact I say a platinum standard—agreement. The UK FTA delivers unprecedented access to the sixth largest economy in the world saves Kiwi businesses $37 million in tariff reductions immediately and sees 99.5 percent of our exports enter the UK market duty free. At the same time the agreement also sets ambitious commitments on sustainable and inclusive trade such as tackling harmful environmental subsidies. The UK FTA shows that market access and opportunities and Trade for All principles are not mutually exclusive; it is possible to have the best of both worlds and with the UK FTA we indeed have.Dan Rosewarne: How is our Trade for All agenda reflected in our recently signed EU FTA?Hon DAMIEN O'CONNOR: It keeps getting better. The EU FTA was also negotiated and signed under this Government's Trade for All agenda and it delivers huge opportunities in a market of 450 million people. In fact we expect that the EU FTA will increase our exports to the EU by up to $1.8 billion per year by 2035 and of course the agreement also includes ambitious outcomes in areas like climate action subsidy reform Māori trade and gender equality. The Trade for All agenda is about maximising opportunities for all New Zealanders and the EU FTA will boost our economy cut costs to exporters create new opportunities for small and medium businesses and protect jobs for Kiwi families.