N.Z. opportunities extolled
NZPA Melbourne New Zealand was the investment and tourist opportunity of the decade, said the president of the Chambers of Commerce, Mr Frank CrothalL in Australia. He told the Confederation of Asian and Pacific Chambers of Commerce in Melbourne that the recent devaluation was “step one in a multi-step plan to adapt to change, to offer unmatched tourist and investment opportunities and to offer the
world unbeatable value for money.” “Our recent devaluation, coupled with more progressive policies, will be a considerable stimulus to our export trade,” he said. New Zealand was among those countries which had protected domestic manufacturers too much from import competition. “This can be self-defeat-ing if it allows inefficiency and takes from one’s own manufacturers the ability to compete internationally,” he saii *
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Press, 15 November 1984, Page 17
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129N.Z. opportunities extolled Press, 15 November 1984, Page 17
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