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economy that can compete globally.

This dynamic growth has boosted real incomes but left behind some at the bottom of the ladder and broadened and deepened the technological capabilities of the industrial sector.

Per capita income rose for 10 consecutive years until 2007 in purchasing power parity terms but fell in 2008-09.

Debt-driven consumer spending drove robust growth in the first half of the decade, fueling a large balance of payments deficit that posed a challenge for policymakers.

Inflationary pressures caused the central bank to raise its key rate steadily from January 2004 until it was among the highest in the oecd in 20The higher rate attracted international capital inflows, which strengthened the currency and housing market while aggravating the current account deficit.

Rising house prices, especially in Auckland, have become a political issue in recent years, as well as a policy challenge in 20, as the ability to afford housing has declined for many.

Expanding New Zealands network of free trade agreements remains a top foreign policy priority.

New Zealand was an early promoter of the Trans-Pacific Partnership (TPP) and was the second country to ratify the agreement in May 2017.

Following the United States withdrawal from the TPP in January 2017, on 10 November 2017 the remaining 11 countries agreed on the core elements of a modified agreement, which they renamed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (cptpp).

In November 2016, New Zealand opened negotiations to upgrade its FTA with China; China is one of New Zealands most important trading partners.

Would you like assistance throughout your journey at Paris-Charles de Gaulle, Paris-Orly, Bordeaux or Nice airports?

Our team is available to help you prepare your trip.

Due to the health situation (coronavirus this service is suspended indefinitely.

A tailored Meet Greet service at the airport.

We offer personalized Meet Greet services to facilitate your passage through the airport.

You will be met by an Air France staff member and guided throughout your journey at the airport.

Take advantage of assistance tailored to your needs, benefit from seamless passage through security checkpoints, and if needed, receive assistance in your language.

If you are traveling on a flight provided by Air France or KLM, this service is available from Paris-Charles de Gaulle, Paris-Orly, Bordeaux and Nice.
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