NZEC Newsletter – May 2023 | NZ Export Credit

Kia ora koutou from the NZEC team,

We hope this newsletter finds you and your families safe. This year has been eventful and certainly with challenges for all of you, which we hope you’ve managed to navigate. We also hope you all enjoyed the Easter break with your families and took time to remember the fighting spirit of the ANZACs last month. It’s been a while since our last newsletter, and we have been busy. So, this newsletter is a bit of an omnibus.

We are proud to announce that NZEC will be sponsoring the ‘Best Emerging Business’ in the 2023 New Zealand International Business Awards. We also have a handful of exciting events in the coming months that the team will be attending. More information about the events and where you can meet members of the team below!

We’re delighted to share with you a case study that tells the story of an exporter that was presented with a fantastic opportunity to expand its cryogenic technology into new markets. After securing a contract to supply a liquid nitrogen solution to aid in the increased production of the Ethiopian and Indian agriculture industries, NZEC was able to provide Fabrum with assurance that their buyer would pay using Short-Term Trade Credit. Read how we were able to support them during the delivery of these contracts.

We are aware some of you were affected by the devastation of Cyclone Gabrielle. We include information below of the support that may be available to you from our colleagues at business.govt.nz

We hope you enjoy your reading.

Case Study – Fabrum

Read here to see how Fabrum, a company at the forefront of using technology to achieve better outcomes in the world will now be developing their cryocooler technology in India and Ethiopia. Expansion into new markets came with significant risk as the contracts were to be paid upon delivery. Find out more how NZEC supported Fabrum to proceed with confidence.

NZIBA 2023

Entries for the New Zealand International Business Awards 2023 (NZIBA) are now open for all New Zealand exporters, with the finalists expected to be announced early September. The event is hosted by New Zealand Trade and Enterprise (NZTE) and will be awarding exporters to recognise their success in the fields of innovation, sustainability, online sale, brand storytelling, Māori excellence, women leaders, and investment. NZEC is proud to be supporting the event by sponsoring the ‘Best Emerging Business’ category of the awards. Further information on the event can be found here.

All of Government Roadshow

ExportNZ is hosting a national All-Of-Government Roadshow for key government officials to engage with exporters and businesses around New Zealand. The Roadshow will focus on government and business engagement on issues that are critical to promoting exporter success. The event is taking place between 24^th July – 4^th August, entry is free and will be held at multiple locations (Auckland, Hamilton, Tauranga, Napier, Wellington, Christchurch, and Dunedin). Keep an eye out on their website for more details here.

AmCham-DHL Express Success & Innovation Awards 2023

The American Chamber of Commerce is delighted to announce the launch of the 2023 AmCham – DHL Express Success & Innovation Awards in conjunction with United Airlines. 2023 is the twenty fourth year these awards have been held and they celebrate business achievement between New Zealand and the United States. The US is New Zealand's third largest trading partner with bilateral trade now worth around $20 billion – goods exports to the USA $7.8b and imports from the USA $7.8b. Entries close 5pm on 30^th May with the winner to be announced on 29^th of August at an awards dinner in Auckland. To find out more information visit their website here.

Diversifying into Latin America

Centres of Asia-Pacific Excellence (CAPEs) is holding a series of webinars focusing on the diversification into the Latin America market for Kiwi exporters looking to expand their business. A great opportunity to obtain practical intercultural business skills from market specialists and an absolute must do event for anyone who is serious about expanding their business into the Latin America market. The webinars are free, but capacity is limited. Make sure you secure your spot ASAP! Details can be found on their website.

MFAT Market Reports

The Ministry of Foreign Affairs publishes regular reports on topics of interest to the New Zealand export community. The latest reports include:

- If you'd like to subscribe to these and other reports, then click on:
https://lnkd.in/gHCHExtT

- You can view the complete list of market reports published to date here:
https://lnkd.in/g7-T8Mi

Team Updates

At the start of 2023 the Export Credit team joined the newly formed Financing, Infrastructure and Urban Development (FIUD) directorate. This reorganisation saw Chris Chapman being promoted to Director of FIUD, after 16 years with the NZEC team. Congratulations Chris. Thankfully for us all, Chris remains involved in the running of NZEC in his capacity of Director.

Peter Rowe has taken up the role of Head of Export Credit, after 9 years of leading the Business Origination team.

Wes Terblanche, who has been with the Export Credit team for 2 years has been promoted to Senior Underwriter, ka pai Wes.

Renee Polaczuk has been promoted to Senior Business Originator, Renee previously managed the Business Financial Guarantee Scheme.

Joana has taken up a new role to help improve NZEC’s reporting and processes capability.

We also have some new additions to the team to introduce: Shalene Singh joins the team as our most recent Senior Underwriter, Shalene previously worked with ANZ in Papua New Guinea. Caiden Bailey also joins as the new team assistant, Caiden previously worked with the Australian Taxation Office.

Team Movements

Peter will be speaking at Natural Health Products NZ Annual Summit in Blenheim on the 25^thMay.

Phil will be attending New Zealand National Fieldays from 14^th -16^th June. Event will be held at Mystery Creek, Hamilton.

Between 24^th July – 4^th August we will also have members of the team in; Auckland, Hamilton, Tauranga, Napier, Wellington, Christchurch and Dunedin for the All of Government Roadshow.

Alternatively, the team is always available for virtual meetings using Skype, Zoom, Teams or over the phone.

NZEC Linkedin Profile

A reminder that NZEC has its own LinkedIn account, which can enable you to keep up to date on our latest case studies, news, and regional visits. Our link is:

https://www.linkedin.com/company/new-zealand-export-credit/

Kind regards from

Peter, Feliza, Phil, Michael, Wes, Renee, Lauren, Joana, Shalene and Caiden