An Optimist View of the Five Summits

An Optimist View of the Five Summits

The world is in upheaval right now and some would say ‘chaos’.

“It’s incredibly encouraging to see the cooperation of world leaders through these troubled times striving for stability and cooperation last week,” says Te Taumata Chair, Chris Karamea Insley.

Te Taumata also recognises the value and importance of wānanga ā-kanohi, information-sharing and partnerships in order to achieve better outcomes for Māori.

In this opinion piece, Five summits reaffirm global cooperation, University of Auckland academic Stephen Hoadley shares a very similar view.

Earlier this month, five key summits were held across the globe, including COP27 in Egypt, the Asean summit and East Asian Summit in Cambodia, the G20 Summit in Indonesia, and APEC in Thailand.

These hui hosted international leaders, including Aotearoa New Zealand Prime Minister Jacinda Ardern, and included hot topic discussions on economic cooperation and climate change mitigation – or so it was intended.

It didn’t take long before the various hui were overshadowed by the Russian bombardment of Ukraine utilities and Chinese overseas assertiveness, highlighting a deteriorating and destabilising geo-political order.

Despite few breakthroughs being achieved, there were some key takeouts that reinforce that the fundamentals of international cooperation survive, and that a level of a natural order still prevails over the global chaos.

The attendance of many key international leaders signified the importance and reaffirmation of the value of information-sharing and trust-building internationally. Many represented European countries, highlighting the importance of Asia for world trade and peace.

There was a general consensus on a number of topics including: climate change, that Russia is an illegitimate aggressor in Ukraine, that China’s economic slow-down is a concern, and that inflation and disruption of trade and supply chains must be mitigated. However, the long-standing differences between potential policy solutions are long-standing but remain.

Prime Minister Jacinda Ardern reinforced New Zealand’s position on human rights, South China Sea claims, and militarisation of the Pacific islands to China’s leader Xi Jinping. Xi accepted these differences, while commending our independent foreign policy stance and focussing on extending our 50 years of harmonious bilateral relationship into the future.

Finally, assessments indicate the overall level of global violence is in gradual decline. At the same time, grain and oils are being exported from Ukraine, while Liquefied Natural Gas is flowing from the US to Europe. Aid is also being dispatched to Pakistan and other victims of flood, drought, and hunger.



Canadian Council for Aboriginal Business

CCAB delivers programs that facilitate the growth of Indigenous business, build relationships between Indigenous and non-Indigenous business, and ensure life-long learning for Indigenous entrepreneurs, and other Canadian business leaders. These efforts recognise the central role that Indigenous business and communities hold in the future of Canada.
Our mission is to promote, strengthen and enhance a prosperous Indigenous economy through the fostering of business relationships, opportunities and awareness for all of our members.

Ministry of Foreign Affairs and Trade

The Ministry acts in the world to make New Zealanders safer and more prosperous.
E mahi ana te Manatū i te Ao kia whai haumaru me te whai rawa mo Aotearoa.
New Zealand’s security and prosperity depend on the conditions in, and our connections with, the wider world. This means we must engage with – and seek to influence – other countries to our advantage, in line with New Zealand’s values and interests including that of Maori.

New Zealand Trade and Enterprise

New Zealand Trade and Enterprise (NZTE) is the government agency charged with helping New Zealand businesses to grow internationally.
We use our extensive knowledge and global networks to help exporters of all sizes make better decisions and connect to the right partners and investors.
We connect international businesses and investors with high-value growth opportunities in New Zealand.
By supporting New Zealand businesses, we boost New Zealand's economy and reputation, and help to share what's special about New Zealand with the rest of the world.

Callaghan Innovation

We are New Zealand's innovation agency. We activate innovation and help businesses grow faster for a better New Zealand.
We partner with ambitious businesses of all sizes, providing a range of innovation and research and development (R&D) services to suit each stage of growth.
Our people – including more than 200 of New Zealand’s leading scientists and engineers – empower innovators by connecting people, opportunities and networks, and providing tailored technical solutions, skills and capability development programmes, and grants co-funding.

Ministry of Business, Innovation and Employment

Ministry of Business, Innovation and Employment (MBIE) plays a central role in shaping and delivering a strong New Zealand economy.
Our role is to create better outcomes for all New Zealanders, particularly by supporting business growth.
We are responsible for the delivery of advice, regulation and services that have a real impact on people, businesses and the environment within which they operate.