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.
Three men have been sentenced in District Courts after Ministry for Primary Industries prosecutions over animal welfare, food safety and cattle tracing offences.
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
OPINION: The Government's decision to reinstate agriculture and horticultural science as a standalone subject from Year 11 is the right one.
Dairy farmers, still holding onto their Fonterra shares despite switching milk supply elsewhere or exiting the industry, now face a stricter share sell-down requirement.
Hamilton-based agritech company Aimer Farming has completed a $3 million capital raise to support its next stage of growth, including a beef farming product due to launch in 2027.
When dairy manager Miriam Lauridsen learned the farm, she was joining held weekly health and safety meetings, she initially thought that was “a bit over the top”. Experiencing that culture changed her mind.