According to a press release by the New Zealand government, the country’s Trade Minister Todd McClay will travel to Europe and Iran over the next week to take part in a number of trade-related events.

The New Zealand trade minister will travel to Iran with a delegation of 17 companies after visiting Europe, the New Zealand based scoop news outlet said.

‘Iran has traditionally been a very important market for our sheep meat and butter,’ the New Zealand trade minister added.

‘Earlier this year, the visiting Iranian foreign minister said Iran presented a $1 billion prospect for New Zealand. This mission will be an important first step towards delivering on this exciting opportunity,” McClay said.

New Zealand Labour Party has designated David Clark as their trade spokesmanto to join the Iran delegation.