The EU is seeking the consent of its 28 (27 without UK) members to begin free-trade talks with New Zealand next year, although it is not clear how distracted the European body will be in negotiating a new relationship with Britain.
New Zealand has also offered Britain assistance in beefing up its trade negotiating capacity which for the past 43 years has been left to the EU.
Mr Key and Mr Cameron have been friends for many years, and the Prime Minister spoke with his British counterpart last week after the Brexit vote and his resignation.
Mr Key will go to Italy to hold talks with Prime Minister Matteo Renzi before heading to France for talks with Prime Minister Manuel Valls, who was in New Zealand in May, and President Francois Hollande.
"I am looking forward to discussing how we can further strengthen those relationships in light of Britain's decision to leave the European Union," Mr Key said.
Other issues on the agenda would include the global economy and counter-terrorism.
New Zealand, with Australia, has received a special invitation to take part in Bastille Day events, which this year coincide with the 100th anniversary of the Battle of the Somme.
More than 80 New Zealand Defence Force personnel will march in the parade.
After the trip to Europe, Mr Key will fly to Indonesia for talks with President Joko Widodo.
Trade Minister Todd McClay and a business delegation will join the Indonesia leg of the trip.