NZ red meat sector hits out at US tariff hike
New Zealand's red meat sector says the United States' decision to increase tariffs on New Zealand exports is disappointing.
Primary Industries Minister Nathan Guy departed for Paris yesterday on Wednesday for the OECD's Committee of Agriculture Ministerial meeting.
The meeting on April 7 and 8 brings together the Ministers of Agriculture from OECD countries and partner economies to discuss policies to achieve more productive, sustainable and resilient global food systems.
"New Zealand has a special interest in highlighting the role that open and efficient markets play in helping agriculture to sustainably meet global food demands. Substantial reductions in subsidies, opening up of markets, and more efficient use of resources are all important," says Guy.
"The outcome of the meeting will provide the broad direction for the OECD's agricultural research programme and policy advice for the next 5-10 years."
In addition to taking part in Ministerial discussions, Guy will also facilitate a group discussion and speak at the Ministerial dinner.
Guy's visit will also focus on progressing a free-trade agreement with the European Union. He will be meeting in Paris with counterparts from a number of EU Member States, and will then travel to Germany for meetings with agriculture sector representatives.
"The EU is a key bilateral partner, and building a comprehensive partnership that includes a free trade agreement is a longstanding objective for New Zealand.
"This visit is an opportunity to continue to build understanding of New Zealand's role in international agricultural trade and investment, and the mutual benefits of a potential FTA for sectors and agri-businesses in both the EU and New Zealand."
The EU is New Zealand's third-largest trading partner, with two-way trade valued at $19.6 billion in goods and services in the year to June 2015.
"The benefits of an EU-NZ FTA would include establishing a modern, comprehensive foundation to grow economic and trade opportunities in areas ranging from primary products to capital equipment, manufactured goods, services, innovation and investment.
"It would also level the playing field for New Zealand and EU companies operating in each other's markets, and contribute to a diversified range of markets and sources of investment for New Zealand."
Guy returns to New Zealand on April 13.
Fertiliser co-operative Ballance has written down $88 million - the full value of its Kapuni urea plant in Taranaki - from its balance sheet in the face of a looming gas shortage.
The Government and horticulture sector have unveiled a new roadmap with an aim to double horticulture farmgate returns by 2035.
Canterbury farmers and the Police Association say they are frustrated by proposed cuts to rural policing in the region.
The strain and pressure of weeks of repairing their flood-damaged properties is starting to tell on farmers and orchardists in the Tasman district.
The sale price of Fonterra’s global consumer and associated businesses to the world’s largest dairy company Lactalis has risen to $4.22 billion.
Alliance Group's proposal to sell a 65% shareholding to Ireland's Dawn Meats won't solve the red meat industry's structural problems, says former Federated Farmers meat and wool chair Toby Williams.
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