Editorial: Taming Trump
OPINION: The world is bracing for a trade war between the two biggest economies.
Trade and Agriculture Minister Todd McClay is making a whistlestop visit to India this week to meet with his counterpart in the Indian government.
This is McClay’s first trip as Trade Minister.
He says the decision to go so soon is to signal that developing a close relationship with India is a top priority for the new government.
McClay is just going by himself with one staff member from his office. He told Rural News that the goal is to start a conversation about ways the two governments can strengthen the relationship.
McClay will be in India for just one day. As well as meeting his trade counterpart, he plans to meet with large business groups in the country to assess trade and investment opportunities and talk about ways the two countries can cooperate.
There has been a lot talk about NZ getting an FTA with India, but the possibilities of this happening in the near future seem remote – the stumbling block being dairy. However, McClay points out that India has done trade deals of varying quality with other countries. He says the way forward is to have deals based on rules-based trade.
“Talk to many people here in NZ and they see India in the context of trade and cricket. But the relationship is much more than that,” McClay explains.
“We believe that India has an opportunity to play a very constructive role in the Pacific with us. We think there will also be many international organisations where India and NZ have similar positions that we can cooperate on.”
McClay says this trip is about staring the process and is just the first of many visits to India. In the new year, both he and the Minister of Foreign Affairs will go there again to build on these preliminary talks.
On his way back to NZ, McClay is stopping off in Singapore to have talks with business people.
The chair of Beef + Lamb NZ, Kate Acland says the rush appears to be on to purchase farms and convert them to forestry before new rules limiting this come into effect.
New Zealand farmers will face higher urea prices this year, mainly on the back of tight global supply and a weak Kiwi dollar.
Andy Caughey of Wool Impact says a lot of people in NZ have been saying it's crazy that we are not using natural fibres in our buildings and houses.
Former chief executive of Beef+Lamb New Zealand Scott Champion will head the Foundation for Arable Research (FAR) from July.
Avian flu getting into New Zealand's poultry industry is the biosecurity threat that is most worrying for Biosecurity Minister Andrew Hoggard.
The annual domestic utilisation of wool will double to 30,000 tonnes because of the edict that government agencies should use woollen fibre products in the construction of new and refurbished buildings.
OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.
OPINION: The proposed RMA reforms took a while to drop but were well signaled after the election.