India FTA Removes 33% Tariff on NZ Sheepmeat
New Zealand’s red meat sector has welcomed the India-New Zealand Free Trade Agreement taking effect, which removes India’s 33% tariff on New Zealand sheepmeat.
The Primary Sector CEO Bootcamp conference last week was a major success, says Primary Industries Minister Nathan Guy.
The boot camp over two days last week brought together 35 agribusiness leaders and five Government agency chief executives into one room, representing 80% of all primary sector exports, says Guy.
"The boot camp initiative started in 2012 and has involved chief executives working together to grow our export earnings and take advantage of major opportunities around the world.
"There is renewed determination to double our primary sector exports to $64 billion by 2025 and establish New Zealand as a premium producer of food and fibre. This is an ambitious but very achievable goal, with the right policies and leadership from both Government and industry.
"It is great to have so many top industry leaders in one room, prepared to collaborate and share expertise for sustainable growth."
Prime Minister John Key along with ministers Steven Joyce and Guy spoke to the boot camp, which has also featured update presentations from CEOs and collaborative action planning.
"Recent challenges have reinforced just how important the primary industries are to New Zealand. They remain the powerhouse of our economy, making up around 72% of all our exports and generating around $32 billion a year."
The inaugural boot camp began at Stanford University in 2012, and the success of this has led to an ongoing programme of collaborative actions.
Farmlands has reported higher operating earnings and a profit before income tax of $4.5 million, up 118.9%, for the year ended 30 June 2026.
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Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
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In farming there are external factors that can influence behaviour of a whole herd, such as a bad weather event, triggering false positive heat detections or health attentions.
For Canterbury dairy farmer Cameron Henderson, supporting Meet the Need comes down to a simple question: how can the success of New Zealand farming benefit more than just those within the industry?

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