Forestry Minister leads wood mission to IndiaFriday 28 Mar 2008 Forestry Minister Jim Anderton left New Zealand on Saturday to lead a trade mission to India. Jim Anderton said that India's growing importance as a market for New Zealand products and services will be in focus during the trade mission. He said that India was New Zealand's second-fastest growing export destination and high level visits between the two countries have increased in recent times, reflecting the importance placed on the relationship. The wood and building industry, and in particular solutions for India's burgeoning housing industry, are the trade focus of the mission.The New Zealand wood industry currently generates $3.1 billion in exports (or 3.15% of GDP). India is New Zealand's fifth-largest export market for wood products, worth $65 million in 2007. While only 3% of New Zealand's total wood products are exported to India, it is an important and fast-growing market. Jim Anderton will meet ministerial counterparts and construction industry representatives during the seven-day visit. The Minister has been joined by representatives from Arbor Resources, Eurocell Sawmilling, Juken Nissho, Lockwood International, Lumberlink, Pacific Forest Products Ltd, Timberbond, TPT Forests, Winstone Pulp International, and Zindia. |
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