Friday, 05 May 2023 09:55

'Gold standard' FTA welcomed by red meat farmers

Written by  Sudesh Kissun
Prime Minister Chris Hipkins describes the free trade agreement as a "gold standard FTA". Prime Minister Chris Hipkins describes the free trade agreement as a "gold standard FTA".

A free trade agreement (FTA) between New Zealand and the UK comes into force on May 31.

This was jointly announced overnight by Prime Minister Chris Hipkins in London with his United Kingdom counterpart Rishi Sunak.

Hipkins says NZ and the UK have agreed to bring forward the entry into force of their FTA to 31 May 2023, unlocking unprecedented access to the UK market by the end of the month.

“This is a gold-standard FTA, reflecting the close relationship between our two countries. The market access outcomes are among the very best New Zealand has secured in any trade deal,” Hipkins says.

“The entry into force of our new trade deal marks a new chapter in the great friendship between our two countries,” says Sunak.

The FTA will deliver a major boost to Kiwi red meat exports by eventually allowing tariff-free access for beef and lamb into the UK.

“New Zealand exporters and farmers are looking forward to tariff free access into the UK, something we haven’t enjoyed since Britain joined the European Economic Community (EEC) in 1973,” says Sirma Karapeeva, chief executive of the Meat Industry Association (MIA).

“This FTA is a high-quality agreement that provides the red meat sector with greater access to a key market for New Zealand beef and lamb.

“It really opens an opportunity for New Zealand’s beef exports in a traditional market and creates new avenues for growth for the red meat sector.

“The agreement will also allow closer co-operation between the NZ and UK red meat sectors and strengthen the ties between the two countries.”

Sam McIvor, chief executive of Beef + Lamb New Zealand, says the FTA is good news for sheep and beef farmers, rural communities, and the New Zealand economy.

“Not only will this FTA support the sector to unlock further value in this important market, but it will further strengthen New Zealand’s already diverse export base.

“But we know that the UK market is very competitive with Australia also gaining greater access so we will have to work hard to realise our ambitions and seize the opportunities on offer.”

New Zealand’s free range, pasture-raised product is seasonal so complements the UK’s northern hemisphere production, says Mr McIvor.

“Both New Zealand and the UK also share a commitment to high production standards, especially in food safety and quality, animal welfare and the environment.”

The New Zealand Meat Board will be responsible for administering the FTA quotas for beef and sheepmeat in line with the robust system already in place for administering the existing World Trade Organization (WTO) quotas for red meat.

“Over the past 12 months, the New Zealand Meat Board has been working alongside our red meat sector partners planning for this milestone and all the systems are ready to go,” says NZMB general manager quota and information Nick Beeby.

More like this

FE survey underway

Beef + Lamb NZ wants farmers to complete a survey that will shed light on the financial toll of facial eczema (FE) at the farm level.

Ag aviation in strife

The downturn in the farming sector - especially sheep and beef - is having a detrimental impact on the agricultural aviation sector.

NZ out of step - report

New Zealand is out of step globally in looking to put a price on agricultural emissions from food production.

B+LNZ refutes UK animal welfare criticism

Beef + Lamb New Zealand (B+LNZ) says recent criticism from the UK’s Secretary of State for Environment, Food and Rural Affairs regarding New Zealand’s animal welfare standards are unfounded.

Featured

Editorial: Will big be better?

OPINION: The shakeup to the science sector with the proposed merger of four ag related crown research institutes (CRIs) into one conglomerate has drawn little public reaction.

Co-op boosts chilled exports to China

Alliance Group has secured greater access for chilled beef exports to China, following approval for two of its processing plants to supply the market.

Expo set to deliver in spades

The countdown is on to be one of the most anticipated events in the sheep and beef industry, the East Coast Farming Expo.

New Summerfruit NZ CEO

Dean Smith has been in the role of CEO of Summerfruit NZ for about four months, having succeeded Kate Hellstrom at the end of September.

FE survey underway

Beef + Lamb NZ wants farmers to complete a survey that will shed light on the financial toll of facial eczema (FE) at the farm level.

National

Top dairy CEO quits

Arguably one of the country's top dairy company's chief executives, Richard Wyeth has abruptly quit Chinese owned Westland Milk Products…

DairyNZ seeks more cash

For the first time in 17 years, DairyNZ wants farmers to contribute more cash to run the industry-good organisation.

EPA's plan 'not good enough'

The Environmental Protection Authority (EPA) is bolstering its frontline applications teams in a bid to reduce the timeframe for new…

Machinery & Products

Loosening soil without fuss

Distributed in New Zealand by Carrfields, Grange Farm Machinery is based in the Holderness region of East Yorkshire – an…

JCB unveils new models

The first of the UK’s agricultural trade shows was recently held at the NEC Centre in Birmingham.

» Latest Print Issues Online

The Hound

Ruth reckons

OPINION: Ruth Richardson, architect of the 1991 ‘Mother of all Budgets’ and the economic reforms dubbed ‘Ruthanasia’, added her two…

Veg, no meat?

OPINION: Why do vegans and others opposed to eating meat try to convince others that a plant based diet is…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter