logo
Cook Islands PM aims to boost trade ties during China visit

Cook Islands PM aims to boost trade ties during China visit

Reuters06-02-2025

SYDNEY, Feb 6 (Reuters) - Cook Islands Prime Minister Mark Brown will visit China next week, the first visit by a leader of the small South Pacific state in a decade, to help improve ties ranging from trade, climate and investment to tourism and infrastructure.
The visit comes as Beijing aims to increase its influence in the Pacific region and after some Pacific island nations raised concerns over U.S. President Donald Trump's freezing of foreign aid, crackdown on illegal migration, and withdrawal from The Paris Agreement on climate change.
Brown said in a statement on Thursday that his visit to China is part of a broader strategy to strengthen relations with all its key partners including New Zealand, Australia and China.
"This visit is about expanding economic opportunities while ensuring our sovereignty and national interests remain at the forefront," Brown said.
The Cook Islands, a grouping of 15 islands and atolls in the South Pacific, has been a self-governing nation in free association with New Zealand for nearly 60 years.
The democratically elected government controls domestic and international affairs but the population of 15,000 has New Zealand citizenship. Nearly 100,000 people who identify as Cook Island Maori live in New Zealand currently.
According to New Zealand's foreign ministry, New Zealand has a constitutional obligation to respond to requests for assistance with foreign affairs, disasters and defence.
A proposal in December by the Cook Islands to allow the creation of its own passports was rejected by New Zealand but Wellington said it could discuss independence.
Brown said "a joint action plan for comprehensive strategic partnership will be agreed upon" with China during his trip from February 10 to 14 though he did not elaborate the plans.
A spokesperson for New Zealand's foreign ministry said it expected the Cook Islands government to fully consult Wellington on any major agreements it planned to enter that could "have major strategic and security implications."

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

China's imports of major commodities hiccup in May
China's imports of major commodities hiccup in May

Reuters

timean hour ago

  • Reuters

China's imports of major commodities hiccup in May

LAUNCESTON, Australia, June 9 (Reuters) - China's imports of major commodities lost momentum in May, with crude oil, coal, iron ore and copper all recording declines amid concerns about growth in the world's second-biggest economy. Only imports of natural gas showed any improvement, with May's 10.11 million metric tons slightly ahead of the 9.67 million in April, although they were still down 11% from a year earlier, according to customs data released on Tuesday. Crude oil arrivals dropped to 10.97 million barrels per day (bpd) in May, down 6.2% from April's 11.69 million bpd and also below the 12.1 million bpd recorded for March, which was the strongest month since August 2023. Iron ore imports slipped to 98.13 million tons in May from 103.14 million tons in April, and were also weaker than the 102.03 million from May last year. Imports of all grades of coal were 36.04 million tons in May, down 4.7% from April's 37.83 million tons and 17.8% weaker than the 42.82 million tons in May 2024. Unwrought copper imports were 427,000 tons in May, down 2.5% from the 438,000 tons in April and also below the 514,000 tons from the same month a year earlier. On the surface the decline in imports of major commodities looks ominous for China as the world's biggest buyer of natural resources faces an ongoing trade war with the United States and still sluggish growth at home, especially in the key residential construction sector. But there is always a risk of reading too much into monthly numbers, which can be quite volatile and are also often driven by price moves during the period when cargoes were arranged. Crude oil is a good example of this. China's imports were weak in January and February, with cargoes delivered in these two months having been bought against a backdrop of rising prices, with benchmark Brent futures rallying from early December to a peak of $82.63 a barrel on Jan. 15. But oil prices started sliding thereafter, with Brent dropping to a low of $58.40 a barrel by April 9. Therefore, the rebound in China's crude imports in March and April came amid a declining price trend when the cargoes would have been bought. However, May cargoes would have been arranged when prices were once again trending higher. It's also worth noting that China's imports of Russian and Iranian crude have also been volatile in recent months, dropping as new U.S. sanctions on vessels were imposed and then recovering as traders worked out ways around the measures. This pattern seems likely to have continued, with commodity analysts Kpler estimating China's imports of Iranian oil at 743,500 bpd in May, but also forecasting a sharp rise to 1.48 million bpd in June. Iron ore imports may also have been impacted by price moves, with the price rising modestly over April, the time when most May-arriving cargoes would have been booked. The Singapore Exchange contract reached a recent high of $101.80 a ton on May 14, and has since moderated to end at $96.26 on June 6. While the price moves are modest, the small decline may encourage some buying by China's steel mills, especially given the prevailing view that Beijing will launch new stimulus efforts in coming weeks to boost the economy. Copper imports are also likely reflecting dynamics on global markets rather than the domestic situation in China. China's imports have trended weaker and are now down 6.7% for the first five months of 2025 compared to the same period last year. But physical copper has been shifting to the United States as market players expect President Donald Trump to impose a tariff on imports of the industrial metal. U.S. demand has bolstered the premium of copper for delivery to the United States, and drawn metal away from China. While the London price has been volatile and driven by news reports on what Trump may or may not do, the trend has been to higher prices, with an increase from an April 9 low of $8,105 a ton to $9,701 in early Asian trade on Monday. Coal is the major commodity where China's domestic prices and supply have driven weakness in imports, with strong production and soft local prices cutting the need for imports. Seaborne thermal coal prices have dropped to four-year lows in response, and there are some early signs that demand is picking up, but it will likely take further declines to spark any meaningful interest in boosting imports. Enjoying this column? Check out Reuters Open Interest (ROI), your essential new source for global financial commentary. ROI delivers thought-provoking, data-driven analysis of everything from swap rates to soybeans. Markets are moving faster than ever. ROI can help you keep up. Follow ROI on LinkedIn, opens new tab and X, opens new tab. (The views expressed here are those of the author, a columnist for Reuters.)

China's consumer prices extend decline for fourth month in May
China's consumer prices extend decline for fourth month in May

Reuters

time5 hours ago

  • Reuters

China's consumer prices extend decline for fourth month in May

BEIJING, June 9 (Reuters) - China's consumer prices fell for a fourth straight month in May while producer deflation deepened, as the economy faces headwinds from trade tensions and a prolonged housing downturn. The consumer price index dipped 0.1% last month from a year earlier, versus a 0.1% drop in April, National Bureau of Statistics data showed on Monday, slightly better than a Reuters poll forecast of a 0.2% decline. CPI slid 0.2% on a monthly basis, compared with a 0.1% increase in April, and matched economists' predictions of a 0.2% decline. The producer price index was down 3.3% in May from a year earlier, worse than a 2.7% decline in April and the deepest contraction in 22 months. That compared with an estimated 3.2% fall in a Reuters poll.

Prince William gives emotional plea to world leaders urging them to act to save the planet
Prince William gives emotional plea to world leaders urging them to act to save the planet

Scottish Sun

time7 hours ago

  • Scottish Sun

Prince William gives emotional plea to world leaders urging them to act to save the planet

Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) THE Prince of Wales said watching humans destroy our oceans was 'simply heartbreaking' as he urged world leaders to act by thinking big yesterday. William's call came in a speech to the Blue Economy and Finance Forum on ocean preservation at the ­Grimaldi Forum in Monaco after meeting France's President Emmanuel Macron. Sign up for Scottish Sun newsletter Sign up 2 Prince William said watching humans destroy our oceans was 'simply heartbreaking' as he urged world leaders to act 2 Prince William meets France's President Emmanuel Macron Credit: Reuters The prince, whose opening and closing remarks were in French, said those attending were 'united by our deep connection to the ocean and our ­concern for its safety'. William, in navy suit with a recycled sustainable tie from Wilmok, said the clock was ticking on meeting the target agreed at the 2022 UN Biodiversity Summit aiming to protect at least 30 per cent of the world's land and sea by 2030. Speaking at the heads of state and government session on the forum's final day, the prince added: 'Watching human activity reduce beautiful sea forests to barren deserts at the base of our oceans is simply heartbreaking. 'For the future of our planet, for the future generations, we must listen to the words of Sir David Attenborough: 'If we save the sea, we save our world'. 'I call on all of you to think big in your actions.' World leaders were greeted by a blue carpet as they arrived at the event, with William chatting with Mr Macron and other dignitaries. Addressing an audience of 1,800, William said: 'Rising sea temperatures, plastic pollution and overfishing are putting pressure on fragile ecosystems. 'What once seemed an abundant resource is diminishing before our eyes. "We all stand to be impacted. And we are all responsible for change — both negative and positive. "But there remains time to turn this tide.' Wills jokes 'families can be a mixed bag - some of them might not want to see you much' Later, William said he went through a range of emotions when he saw Sir David's new Ocean film. He told Enric Sala, who worked on the film: 'I got angry, then sad, then I got frustrated, then I got happy.' Unlock even more award-winning articles as The Sun launches brand new membership programme - Sun Club.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store