Editorial: NZ's great China move
OPINION: The New Zealand red meat sector, with support from the Government, has upped the ante to retain and expand its niche in the valuable Chinese market - and the signs are looking positive.
Beef + Lamb New Zealand (B+LNZ) and the Meat Industry Association (MIA) are throwing their support behind TPP.
"We're confident that New Zealand's negotiators have secured the best possible deal for Kiwi sheep and beef farmers," says B+LNZ chairman James Parsons.
"The TPP will have a significant impact on the competitiveness of our exports in TPP markets."
The sheep and beef sector paid $94 million in tariffs for $2.4 billion exports to TPP countries in 2014. Nearly a third of the sector's exports are to TPP countries.
New Zealand doesn't currently have FTAs with Japan, the US, Canada, Mexico or Peru, says MIA chairman Bill Falconer.
"This deal is particularly important for us in relation to those markets, some of which currently charge very high tariffs on our exports but are highly valuable to the sector,"
"The TPP will also open the door to addressing some complex and costly non-tariff barriers." says Falconer.
New Zealand's FTAs saved $161 million in tariffs on the sheep and beef sector's global exports last year, and the conclusion of the TPP means that number will continue to grow.
The full details of the TPP, including the specific tariff cuts taking place in various markets, are expected to be released by the government soon.
Prime Minister Christopher Luxon says the relationship between New Zealand and the US will remain strong and enduring irrespective of changing administrations.
More than 200 people turned out on Thursday, November 21 to see what progress has been made on one of NZ's biggest and most comprehensive agriculture research programmes on regenerative agriculture.
The a2 Milk Company (a2MC) says securing more China label registrations and developing its own nutritional manufacturing capability are high on its agenda.
Stellar speakers, top-notch trade sites, innovation, technology and connections are all on offer at the 2025 East Coast Farming Expo being once again hosted in Wairoa in February.
As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make an early November dash to Bologna to the 46th EIMA exhibition.
Livestock can be bred for lower methane emissions while also improving productivity at a rate greater than what the industry is currently achieving, research has shown.
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