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Diplomacy

New Zealand businesses will get better access to an estimated US$1.6 trillion worth of overseas government contracts, or 2.64 percent of the world’s GDP, by joining the World Trade Organisation’s Government Procurement Agreement (GPA).

It is now up to the politicians to engage in any further horse-trading, before what looks like an inevitable endorsement of the document towards the end of this week.

Many Kiwi primary producers have viewed China as the great land of opportunity as that country has progressively opened itself up to trade with the West. However, rising on the horizon is another economic star: India.