The New Zealand Herald

Dubai 2020 a winner

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The Government values trade and in committing $53 million to Dubai 2020 it is investing in the future.

Last year NZ gained nearly $800m from export sales to UAE and an FTA with the GCC countries should be signed within 6 months which will benefit NZ companies even more.

We will be in the sustainabi­lity section of the show which will last for 6 months from October 2020 until April 2021. The icing on the cake is that the Government wants NZ companies to build our stand and hospitalit­y areas so a large part of the allocated funds will come back to NZ.

Exports are our life blood and the maxim that you have to spend money to get money should be amply demonstrat­ed with future profits for NZ companies resulting in increased taxation revenue which will ultimately benefit taxpayers. Everyone should be a winner, including tourism. Stewart Germann, chairman of the NZ Middle East Business Council, St Heliers.

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