New Zealand's prime minister proposed a new alliance to battle global export restrictions.
FILEpix: New Zealand’s Prime Minister Christopher Luxon attends the 19th East Asia Summit at the National Convention Centre, in Vientiane, Laos, October 11, 2024. REUTERSpix
The consequences of a world retreating from trade and uncertain about the economic future would be “more significant”, however, he warned in a speech in Wellington. “My vision is that includes action to prevent restrictions on exports and efforts to ensure any retaliation is consistent with existing rules.”
He planned to fly to Britain this month to meet Prime Minister Keir Starmer and discuss trade, security and geopolitics in Europe and the Asia-Pacific.
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