Editorial: Live animal exports fight
OPINION: A public battle is playing out between supporters and opponents of live animal experts.
An upgraded free trade agreement (FTA) between New Zealand and China comes into force from April 7.
"This upgrade is a significant step for us and forms part of a body of work we're doing to drive our economic recovery from Covid," Trade and Export Minister Damien O'Connor says.
The date was agreed in a virtual meeting last week between O'Connor and his Chinese counterpart, Minister of Commerce Wang Wentao.
Goods and services exports between China and New Zealand reached $20.1 billion in the year ending June 2021. O'Connor says New Zealand businesses will benefit from up-to-date rules underpinning trade.
"This upgrade modernises the original 2008 New Zealand-China FTA to ensure it remains fit for purpose," he says.
The upgrade also includes new market access commitments in goods and services, and additional trade facilitation measures.
"In terms of goods, the upgrade will deliver further market access improvements, resulting in tariff-free access for 99 percent of New Zealand's $4 billion wood and paper trade to China, once fully implemented.
"Our existing FTA will also be augmented by new chapters in e-commerce, competition policy, government procurement and the environment."
Fertiliser co-operative Ballance has written down $88 million - the full value of its Kapuni urea plant in Taranaki - from its balance sheet in the face of a looming gas shortage.
The Government and horticulture sector have unveiled a new roadmap with an aim to double horticulture farmgate returns by 2035.
Canterbury farmers and the Police Association say they are frustrated by proposed cuts to rural policing in the region.
The strain and pressure of weeks of repairing their flood-damaged properties is starting to tell on farmers and orchardists in the Tasman district.
The sale price of Fonterra’s global consumer and associated businesses to the world’s largest dairy company Lactalis has risen to $4.22 billion.
Alliance Group's proposal to sell a 65% shareholding to Ireland's Dawn Meats won't solve the red meat industry's structural problems, says former Federated Farmers meat and wool chair Toby Williams.
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