increase font size
NEW ZEALAND'S middle-of-the-road 'space' in export markets has a potential three billion people, Trade Minister Tim Groser says.
"Our space in the market has not been always at the absolute top end. That's for Louis Vuitton and companies like that," he said at the recent opening of dairy-based manufacturing and marketing company New Image Group's new $10 million plant at Penrose, Auckland.
"It certainly isn't at the low end – it's that middle... [where] we do well, whether it is tourism, education or food and beverages. That's New Zealand's space and it's a very good space to be in.
"We now have through the extraordinary economic development occurring in emerging Asia, a middle class that is our market and it did not really exist in a meaningful way until recently.
"It is now about 500 million and all the projections tell us that as soon as 2030... that's going to be 3 billion people.
"That is our market; China is the single most important part of that. I am also very conscious of other great countries like India, Indonesia, Philippines – all of these other countries have a great future ahead of them."
Groser jointly opened the new plant with New Image executive chairman Graeme Clegg.
Among new capabilities of New Image's Penrose plant is HPP technology used to manufacture its new health drink called Col + colostrums to add to the company's range of colostrum-based health products
ANYTHING GOOD for Australia is in the long run good for New Zealand. That’s the reaction of Trade Minister Tim Groser to the news that Australia has signed a free trade agreement with China, and to speculation that their FTA with China is better than NZ’s, especially regarding dairy products.
Former Trade Minister and trade negotiator Tim Groser says the outcome of the recent FTA with the EU is an obvious disappointment for NZ's red meat and dairy sectors.
The Paris agreement on climate change prioritises food security and food production, recognising the dual challenges of controlling global temperatures and feeding a growing population, says Federated Farmers.
Dairy, kiwifruit, apples, cherries and wine are among winners in the "spectacular" growth in exports to Chinese Taipei in the last two years, says Trade Minister Tim Groser.
A free trade agreement could be on the cards for New Zealand and the EU, says the Delegation of the European Union to New Zealand.
Tractor manufacturer and distributor Case IH has announced a new partnership with Meet the Need, the grassroots, farmer-led charity working to tackle food insecurity across New Zealand one meal at a time.
The DairyNZ Farmers Forum is back with three events - in Waikato, Canterbury and Southland.
To celebrate 25 years of the Hugh Williams Memorial Scholarship, Ravensdown caught up with past recipients to see where their careers have taken them, and what the future holds for the industry.
Among this year’s Primary Industry NZ (PINZ) Awards finalists are a Southlander who created edible bale netting and rural New Zealanders who advocate for pragmatic regulation and support stressed out farmers.
Rockit Global has appointed Ivan Angland as its new chief operating officer as it continues its growth strategy into 2025.
Nominations are now open for the Horticulture New Zealand (HortNZ) board.
OPINION: The good fight against "banking wokery" continues with a draft bill to scrap the red tape forcing banks and…
OPINION: Despite the volatility created by the shoot-from-the-hip trade tariff 'stratefy' being deployed by the new state tenants in the…
