Todd McClay Warns of Tougher Global Trade Environment for NZ
The stark realities of the world trade that New Zealand is having to face have been revealed by Trade Minister Todd McClay.
Ray Smith says MPI has re-organised their part of the business which deals with market access and FTAs.
While MFAT plays the lead role in these, MPI provides much of the backroom data and technical information which back up such negotiations.
Clearly the spotlight is on India and Smith says MPI has been very active in building up the relationship with that country.
"We have had their National Dairy Development Board over here and that went incredibly well. We have been speaking at dairy related conferences in India. We think of India as a big and potential market where there are challenges and we are looking at what we can offer them in a potential deal," he says.
According to Smith, one option is to build relationships by helping them increase the productivity of their industry. He says NZ has a lot of know-how which could be of benefit to India.
The other reason for the re-organisation of the 'market access and trade areas' of MPI, says Smith, is to put more effort into helping farmers and others in the primary sector to get the maximum benefit out of existing FTAs and other trade agreements. He says such agreements are complex and the goal is to set out in simple terms the potential benefits.
Federated Farmers says the Government’s latest investment in road resilience is a positive step toward protecting rural communities and freight routes from increasing severe weather events.
The stockfood storage capacity of J Swap Stockfoods continues to grow in the South Island with the opening of a new store that boosts its capacity in Christchurch and work starting on another store in Southland.
Fonterra has lifted and narrowed its full year forecast earnings range to 60-70 cents per share after a strong quarter, supported by robust milk production, strong shipment volumes and continued demand across its Ingredients and Foodservice businesses.
Fonterra has announced it will continue with the planned expansion of its organic business into the South Island.
New Zealand farmers have been told they all have amazing people on their farms and have been urged to be “that one person” that can make a huge difference to those going through tough times.
OPINION: For thousands of Southland farmers, this week would have tipped them into the non-compliant category when it comes to following regional freshwater plan rules. But the Government has stepped in to give them the clarity they deserve.