We have enjoyed strong growth New Zealand is an open economy and over the cycle we rely on important contributions from the export sector. But at the moment we observe that despite reasonable terms of trade the impact of net exports is weak, while the domestic sector has continued to grow extremely strongly, driving imports strength.
3 Article 3 of the Treaty on European Union states that “[The Union] shall promote economic, social and territorial  cohesion, and solidarity among Member States.” 4 EU members comprise Bulgaria, the Czech Republic, Estonia, Croatia, Latvia, Lithuania, Hungary, Poland,  Romania, Slovenia and Slovakia.