New Zealand primary exporters urged to stay nimble
Be ready to be nimble. That's the message to New Zealand primary exporters from international trade expert, company director and farmer Mike Petersen.
New Zealand primary produce exporters’ concerns continue rising about the confusion in the British parliament over Brexit.
NZ’s agricultural trade envoy Mike Petersen says given the possibility of a no-deal, exporters are making contingency plans for such an event. But they also still hope a deal will be agreed so they won’t have to trigger plans for a no-deal.
The whole thing is a terrible mess, Petersen told Rural News last week.
“The worrying thing for me is the inability to get an agreement across the UK parliament.... But because they have voted against a no-deal scenario I think they will hold pretty strong.
“I have always argued that, in the end, they would do a deal because it would be economically bad for both the UK and the EU not to do a deal; the costs on both sides would be too great.”
According to Petersen, the British Prime Minister, Theresa May, is clever in saying there is only one deal on the table, and given that parliament has voted against a no-deal the only alternative is not to leave the EU.
“I wonder if that is going to start to shake the Brexiteers and make them think ‘crikey this thing may never happen now’. That seems to be the argument she is running.
“I also think the chances of a people’s vote or second referendum are very low. No one would want to put the UK through that horrible process – it’s too divisive.”
Petersen believes that in the end Conservative Party members will fall into line behind Theresa May because the last thing they would want is an election and the prospect of Jeremy Corbyn becoming prime minister.
While the shenanigans continues in the British parliament, NZ companies are working out what changes they may need to make when Britain finally leaves the EU.
Petersen notes that some are looking at having a stronger presence in continental Europe and moving some staff from London to Brussels, and to Amsterdam where Fonterra is based. Some companies have registered new offices in Europe.
“Where they register these offices will depend a lot on their customer base and key ports of entry to Europe such as Rotterdam in Holland and Antwerp in Belgium.”
Petersen believes any changes brought about by Brexit are unlikely to result in more NZ staff being employed by exporters to Europe.
A Chinese business leader says Chinese investors are unfairly viewed as potential security risks in New Zealand.
In the first of two articles focusing on electrification in New Zealand, Leo Argent talks with Mike Casey, operator of the 100% electric-operated Electric Cherries orchard and founder of advocacy group Rewiring Aotearoa.
A Foundation for Arable Research initiative which took a closer look at the efficiency of a key piece of machinery for arable farmers - their combine harvesters - has been recognised at the Primary Industry NZ Awards.
Prime Minister Christopher Luxon has reiterated New Zealand’s ‘China And’ policy, adding that it wasn’t about choosing one market over another but creating more options for exporters.
A long running trade dispute between New Zealand and Canada over dairy access has been resolved.
New Zealand Police is urging rural property owners to remain vigilant and ensure their property is secure.
OPINION: Spare a thought for the arable farmer, squeezed on one side by soft global prices and on the other…
OPINION: Labour leader Chris 'Chippy' Hipkins is carrying on the world-class gaslighting of the nation that he and his cohorts…