India FTA ‘will be more than just sheepmeat exports'
New Zealand's red meat sector is looking at exporting more than sheepmeat products to India when a comprehensive free trade agreement is secured between the two countries.
"These projects are driven from the grassroots and will help to improve economic and environmental performance. This co-funding will make a real difference to rural communities.
"Some of these projects include improving nutrient management, promoting pasture persistence, biological controls for pests, developing aquaculture, improving deer farm environmental management, and planning for collaborative water management.
"This includes 14 projects that have received funding from a special round that was run for Maori agribusiness late last year. Maori freehold land has enormous potential and some of these projects will help to realise the $8 billion in potential gains, as highlighted in a recent report by KPMG.
"Each project involves local groups and businesses who co-fund the work as well as running the project and bringing in the required expertise. Experience has shown this approach works and provides good value," he says.
The projects approved in the main funding round will commence July 1,2013 and run for one to three years. Most of the Maori agribusiness projects have already started, with the remaining three to commence on July 1, 2013.
