Wednesday, 02 August 2017 08:55

Euro leaders want to trade with NZ

Written by  Peter Burke
Trade Minister Todd McClay. Trade Minister Todd McClay.

Trade Minister Todd McClay is confident the European Union and New Zealand will begin negotiating a free trade agreement by the end of the year.

McClay says when he was in Paris at the OECD recently he met with the EU Trade Commissioner, Cecilia Malmström, who confirmed her organisation was on track to launch the negotiations by the end of the year.

NZ’s reputation for fairness in negotiating trade deals is working in our favour, McClay says. We have a reputation for doing quality deals.

“Such is our reputation that Cecilia Malmström told me if the EU can’t do a deal with NZ we can’t do a deal with anyone."

He says the EU's willingness to begin talks is due to NZ's efforts over the last couple of years. He has personally met with representatives of most EU member states and some he has seen several times.

“At some stage I will seek a mandate from the cabinet to begin talks and Cecilia Malmström is going through a similar process. But there are 27 countries to deal with so it takes a bit longer,” he says.

“They have all said they want to do a FTA with NZ, but some have also noted there will be a challenge in access for our agricultural products. We know that; it is always challenging for NZ on dairy and meat, so we will just go and get the best deal we can.”

Also helpful from NZ’s point of view is that many EU countries, notably Netherlands and Ireland, have strong cultural and historical ties with us. And many new EU members are also talking up an FTA with us, including members of the former Soviet Union bloc.

“They are economies that want to trade with the world and they become richer with trade and that’s why they are open to that idea of an FTA. When the UK voted to leave the EU, people said ‘your best friend has gone’, but we have still many, many countries that support NZ on trade."

More like this

Fieldays calls for strategic investment in its future

A function at Parliament on 7th October brought together central government decision-makers, MPs, industry stakeholders and commercial partners to highlight the need for strategic investment in the future of Fieldays and its home, the Mystery Creek Events Centre campus.

McClay: “Go hard, go fast!"

Opening a new $3 million methane research barn in Waikato this month, Agriculture Minister Todd McClay called on the dairy sector to “go as fast as you can and prove the concepts”.

$2b boost in NZ exports to EU

New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.

Featured

Wool training reaches Chatham Islands

Next month, wool training will reach one of New Zealand's most remote communities, the Chatham Islands - bringing hands-on skills and industry connection to locals eager to step into the wool harvesting sector.

National

Machinery & Products

» Latest Print Issues Online

The Hound

Sugar hit

OPINION: Winston Peters has described the decision to sell its brand to Lactalis and disperse the profit to its farmer…

Wrong focus?

OPINION: The Hound reckons a big problem with focusing too much on the wrong goal - reducing livestock emissions at…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter