Strong wool eyes China
China looks set to play a key role in helping the New Zealand wool sector shift away from trading as a commodity supplier.
Trade Minister Todd McClay has reiterated the Government has sought and received assurances from the Chinese Government that any competition issues would not impact on trade between the two countries.
McClay is responding to reports that retaliatory action could be imposed if an investigation is launched into allegations of steel dumping.
"On my return from Indonesia I asked my office for a full review of the broader issues around this matter," he says.
"I want to make it clear that there have been discussions and limited correspondence over the past few months as the Ministry of Foreign Affairs and Trade has endeavoured to assess the veracity of these reports.
"I remain limited in what I can say as there are legislative constraints around the reporting of competition complaints that are not yet under investigation. These remain confidential until such time as any investigation is launched and publicly notified.
"Having said that, at the time I should have requested a more thorough briefing before I responded to questions on this issue.
"I have apologised to the Prime Minister for not being able to provide more details at the time.
"I would like to reiterate that through our engagement on this issue we have sought and received assurance from the Chinese Government that any concerns around retaliatory action are unfounded.
"I stand by my view the assurances should give our exporters confidence that our trading relationship with China remains in good heart."
Like many manufacturers around the world, European agricultural machinery and tractor manufacturers are currently operating in a difficult market environment. But they are heading to the world’s largest agricultural machinery event in Hanover next month with a degree of cautious optimism.
Established in 2021, the John Deere Technician of the Year Awards champion the important contribution parts and service technicians make to the Australian and New Zealand agriculture, construction and forestry industries.
Beef + Lamb New Zealand (B+LNZ) is calling on farmers from all regions to take part in the final season of the Sheep Poo Study aiming to build a clearer picture of how facial eczema (FE) affects farms across New Zealand.
New Zealand is closer to eradicating bovine TB than ever before, but possums remain a threat, says Beef + Lamb New Zealand.
Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
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