PRESS RELEASE
EMBARGONOT FOR PUBLICATION, or distribution by news agencies UNTIL 1400 Geneva time (1200 GMT) 10 JUNE 2009

PRESS/TPRB/316
10 June 2009

(09-2715)
trade policy review: new zealand
Sustained growth depends on international competitiveness
Since its previous Trade Policy review in 2003, New Zealand has remained among the more open economies in the world, with prudent macroeconomic policies together with liberalization and restructuring contributing to steady real GDP growth averaging 3.
Although by and large New Zealand's economic fundamentals remain sound, sustained growth depends on the Government addressing macroeconomic imbalances such as the current account deficit and heavy reliance on foreign borrowing, as well as on boosting productivity growth.
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Report by the Government of New Zealand
Chairperson
’
s concluding remarks
Minutes of the meeting (available approximately six weeks after the meeting).
4501 Forbes Boulevard, Suite 200, Lanham, MD 20706-4346, United
States.
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Next reviews:
Morocco: 24 and 26 June 2009
Guyana: 8 and 10 July 2009
Zambia: 27 and 29 July 2009

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