Reflecting Historic Ties
Once upon a time and not that long ago, the challenges facing Kiwi businesses looking to expand into the UK were enormous. In June 2004, a historic event changed all that. A Memorandum of Understanding was drawn up between UK Trade & Invest and New Zealand Trade & Enterprise to help New Zealand technology companies set up in the United Kingdom and to support NZTE’s UK Beachhead program.
In March 2006, the Agreement was amended to enable both agencies to widen the scope of the original MoU to include companies in the biotechnology, creative industries and specialised manufacturing sectors.
Over the past three weeks, I have seen this Agreement in action. Pingar has benefited from the active support of both agencies and this has been absolutely key to our current UK market entry strategy. In blunt terms, we could not have remotely achieved what we have done in such a relatively short time without this support.
I leave for NZ one week today. Yet the work of this Agreement goes on. In Tauranga, I will be meeting up with NZTE on the ground...Hi Lionel...and in Auckland with UK T&I. This is one inter-Government, inter-Agency Agreement that has achieved for us what it set out to do. More NZ companies should engage.
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