On December 16-17th, Murray McCully, New Zealand Minister of Foreign Affairs, met with Sergey Lavrov, Minister of Foreign Affairs of the Russian Federation, to discuss bilateral and international issues. It was noted by the ministers that 2009 marked the 65th anniversary of the establishment of diplomatic relations between the Russian Federation and New Zealand. In a sign of a continued productive relationship it was agreed by both parties to expand potential trade, economic, scientific, cultural and educational opportunities between the nations. In an ... Read More

Prime Minister John Key is set to attend the APEC meeting in Lima, Per? on the 19th and 20th of November. The Asia-Pacific Economic Co-operation (APEC) is most likely going to be based around the current economic situation of the world and the possible responses of all countries involved in the meeting. If the recently finished G20 summit is any indication, the economic situation will be the primary talking point. The meeting is attended by 20 world leaders, and over 3600 delegates. Figures ... Read More

The Bank of Baroda (BOB) is opening in New Zealand. India’s third largest bank, the Bank of Baroda, has announced that they will establish a commercial banking wing in New Zealand, with the initial branch being penned for Auckland. It is understood that the bank aims to function as a subsidiary company. Governance will be held by a mix of both local and overseas directors and that a senior executive has already been appointed to head the Auckland branch. The now retired chairman and ... Read More