Editorial: Escaping Trump's wrath
OPINION: President Donald Trump's bizarre hard line approach to the world of what was once 'rules-based trade' has got New Zealand government officials, politicians and exporters on tenterhooks.
Agriculture and Trade Minister Damien O’Connor was in India recently as part of a trade delegation. He gave a speech to the Confederation of Indian Industry in New Delhi. Here’s part of what he said:
The case for New Zealand doing more with India is clear. India is an important partner for New Zealand in the Indo- Pacific.
India is moving closer to key partners in the region, including Australia, the US, and Japan as well as our neighbours in South East Asia. India’s interest in the South West Pacific is also growing and we welcome your engagement.
As we look to step up our relationship, we are mindful that “India is different and requires a different approach”. This message came through loud and clear in the India-New Zealand Business Council’s insightful report.
If we have learned anything over the last 10 years, it’s that a short term, narrow and transactional approach won’t work with India. We need to understand that India sees its relationship with New Zealand in broad terms.
And we respect this.
The political, defence and security, people-topeople, cultural and economic elements of the relationship are all linked. Our relationship with India has these partnerships at its core; the reason we are together is our shared history and our shared values.
Trade is not just a transaction. Trade is sharing that flows from these human connections.
As a Government, we have been working on building a holistic relationship with India. Our economic cooperation needs to be based on mutual benefit. This means supporting India’s development aspirations in a way that benefits both countries’ sectors.
Let us also not forget the significant potential for Indian exporters to New Zealand. Our market is small but it is also high value and well regulated. With only US$700 million in imports from India, each year there is room to grow.
One call that has come through clearly from the business community is that we need to be present in India. New Zealand, as the smaller partner, needs to put the effort in.
As a Government, we can support you and the relationship by ensuring a regular pattern of Ministerial and Prime Ministerial engagement.
While I hate to say it, I think we can learn a thing or two from our cousins across ‘The Ditch’. Sustained engagement between Prime Ministers and Ministers from both governments has been a critical part of the step change that Australia achieved in its relationship with India.
In discussions with my counterparts, I am cementing in the idea that we need to meet annually.
We also need to see more New Zealand Ministers from other portfolios visiting India.
This builds on the visits by Ministers of Foreign Affairs and Food Safety, as well as my own visit, all of which have taken place over the last 12 months.
These visits are backed up by the work of officials. We have an active and committed High Commission in India and staff from a range of agencies across South Asia who will be critical to providing the bridge to the Indian Government.
A range of arrangements that underpin our relationship are also under discussion on defence cooperation, air services, and customs.
It is clear too that we need to work together as government and business communities in both countries. It makes no sense to be pulling in different directions.
Rest assured you have the commitment of the New Zealand Government to take the agenda forward. I am confident that by working together we can lift the India - New Zealand relationship and partnership to new heights.
There are calls for the Reserve Bank to drop its banking capital rules, which Federated Farmers says is costing farmers a fortune.
Beef + Lamb New Zealand (B+LNZ) is calling on livestock farmers to take part in a survey measuring the financial impact of facial eczema (FE).
Soon farmers and working dog breeders will be able to have a dog that best suits their needs thanks to a team of researchers at Massey University.
OPINION: President Donald Trump's bizarre hard line approach to the world of what was once 'rules-based trade' has got New Zealand government officials, politicians and exporters on tenterhooks.
With wool prices steadily declining and shearing costs on the rise, a Waikato couple began looking for a solution for wool from their 80ha farm.
The Horticulture New Zealand (HortNZ) team is looking forward to connecting with growers at the upcoming South Island Agricultural Field Days, says HortNZ chief executive Kate Scott.
OPINION: Donald Trump's focus on Canada is causing concern for the country’s dairy farmers.
OPINION: The fact that plant-based dairy is struggling to gain a market foothold isn’t deterring new entrants.