Friday, 18 June 2021 09:05

NZ red meat sector says UK-Australia FTA sets benchmark for negotiations

Written by  Staff Reporters
Meat Industry Association chief executive Sirma Karapeeva Meat Industry Association chief executive Sirma Karapeeva

The UK-Australia Free Trade Agreement (FTA), agreed to by Australian Prime Minister Scott Morrison this week, represents a useful yardstick for New Zealand negotiations, say leaders in the red meat sector.

Chief executive of the Meat Industry Association Sirma Karapeeva says the deal sets a useful baseline for negotiations between New Zealand and the UK with evenutal tariff free access for sheepmeat and beef and zero tariff rates on in-quota trade in the interim.

"However, the devil is often in the detail in trade agreements and we'll be studying this closely when the agreement eventually comes out," Karapeeva says.

“We will be looking to achieve a better outcome in the NZ-UK FTA and we look forward to a swift conclusion of our own FTA negotiations. Unfortunately, we are still seeing a gap between rhetoric and action.”

Meanwhile Sam McIvor, chief executive of Beef + Lamb NZ, says the agreement is a significant milestone for the UK as it seeks to forge an independent trade policy post-Brexit.

“It’s giving some better signals around the UK’s intentions to be a serious free trader. The UK-Australia deal looks like it is a shift away rom the EU protectionist model and this is welcome.”

More like this

2024 red meat exports end on a high

New Zealand's red meat exports for 2024 finished on a positive note, with total export value increasing 17% over last December to reach $1.04 billion, according to the Meat Industry Association (MIA).

Featured

Gongs for best field days site

Among the regular exhibitors at last month’s South Island Agricultural Field Days, the one that arguably takes the most intensive preparation every time is the PGG Wrightson Seeds site.

Feed help supplements Canterbury farmers meet protein goals

Two high producing Canterbury dairy farmers are moving to blended stockfeed supplements fed in-shed for a number of reasons, not the least of which is to boost protein levels, which they can’t achieve through pasture under the region’s nitrogen limit of 190kg/ha.

National

Machinery & Products

Buhler name to go

Shareholders at a special meeting have approved a proposed deal that will see Buhler Industries, the publicly traded Versatile and…

Grabbing bales made quick and easy

Front end loader and implement specialist Quicke has introduced the new Unigrip L+ and XL+ next-generation bale grabs, designed for…

» Latest Print Issues Online

The Hound

Risky business

OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.

Should've waited

OPINION: The proposed RMA reforms took a while to drop but were well signaled after the election.

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter