increase font size
Trade Minister Todd McClay
OPINION: The dairy industry will be a major beneficiary of a new free trade deal between NZ and the Gulf Co-operation Council (GCC).
The council, comprising some of the world's wealthiest countries - Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE - already buy $1.8 billion worth of NZ dairy products. This makes the GCC region our second-largest dairy market after China. New Zealand and GCC trade is worth over $3 billion annually, with New Zealand exporting $2.6 billion in the year to June 2024.
The New Zealand Government - in particular Trade Minister Todd McClay - deserves a pat on the back for this achievement. Previous NZ governments must also be acknowledged for laying the foundation for the trade deal. It delivers on an 18 year-long ambition for New Zealand to bag this high-quality trade deal in the Middle East.
This is the highest quality deal the GCC has done to date and its first with a major agricultural exporter. It delivers duty-free access for 99% of New Zealand's exports over 10 years and when combined with our recently concluded NZ-UAE CEPA, 51% of our exports to the region will be tariff-free from day one.
Dairy processors welcome this deal along with the other recent deal between NZ and the United Arab Emirates (UAE).
Locking in elimination of the already low tariffs on key dairy products into this highly valuable market provides important commercial certainty for dairy exporters, according to the Dairy Companies Association of NZ (DCANZ).
It wants the Government to maintain momentum and ambition to bring down barriers with other negotiating partners, including upgrading existing trade agreements that have not yet secured dairy tariff elimination. This will ensure continuing high quality and high value markets for our world-class dairy products.
OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).
OPINION: Farmers are rightly urging the Government to relax the rules around KiwiSaver and allow young farmers to use their savings towards purchasing either a house, cows or a farm.
The Government says it is sharpening its focus and support for the food and fibre industry in Budget 2025.
OPINION: Over the past 25 years growing wine, Jonathan Hamlet has seen "a massive evolution" in the care taken in vineyards.
OPINION: Foreign policy is a real strength of Winston Peter and this is recognised by Ministry for Foreign Affairs and Trade (MFAT) officials who, so the story goes, wanted him in his present role because of his experience in that field.
The CEO of Apples and Pears NZ, Karen Morrish, says the strategic focus of her organisation is to improve grower returns.
A significant breakthrough in understanding facial eczema (FE) in livestock brings New Zealand closer to reducing the disease’s devastating impact on farmers, animals, and rural communities.
Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.
OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).
The 2024-25 season apple harvest has “well and truly exceeded expectations”, says Apples and Pears NZ chief executive Karen Morrish.
Through collaborative efforts with exhibitors, visitors, and industry partners, Fieldays says it is reaffirming its commitment to environmental responsibility with new initiatives for 2025.
OPINION: The Free Speech Union is taking this one too far.
OPINION: New national data from The Drug Detection Agency (TDDA), a leading workplace drug tester, shows methamphetamine (meth) use is…
