The world is facing some serious challenges, and for small, open economies like New Zealand's it is vital governments remain open to international trade and investment, and to new ideas.
That was the strong message delivered last week by our prime minister, John Key, to the 71st General Assembly of
the United Nations in New York. He talked about those serious challenges and, in particular, the devastating humanitarian crisis that has arisen out of the war in Syria. He also expressed concern about borders closing to people, products and investment, which has left many nation states turning inwards and allowed the politics of fear and extremism to gain momentum.
Mr Key put New Zealand front and centre, describing us as a proudly independent, multicultural trading nation in the Asia-Pacific. We are most certainly a nation for whom the international system matters and he seized the opportunity to reinforce the relevance and standing of the United Nations, and, in particular, the Security Council, in response to today's challenges.
Mr Key acknowledged that parts of the UN system are working, for example there have been significant steps forward on development, climate, financing, humanitarian and disaster risk reduction. But he also emphasised the fact that sustainable economic development is a key driver of global growth, prosperity and stability -- and it requires a fair, rules-based trading system that is more open to trade, and the removal of trade barriers.
Last year, New Zealand welcomed an agreement by the World Trade Organisation (WTO) to eliminate agricultural export subsidies. It's vital for development, and it will make a real difference for our rural communities. It also represents the first legally binding international trade outcome in agriculture since 1994.
