Will India ink a free trade agreement with NZ?
Beef+Lamb New Zealand (B+LNZ) has welcomed the New Zealand Government's announcement that comprehensive free trade agreement (FTA) negotiations have formally commenced with India.
Trade Minister Todd McClay will take the opportunity at this weekend's G20 Trade Ministers' Meeting in Shanghai to promote New Zealand's trade interests with the biggest economies in the world.
"New Zealand's invitation to be part of the G20 process demonstrates the mutually shared value of our relationship with China, and the standing which New Zealand has built up over decades as a proponent of an open world trade system," says McClay.
"We are grateful to China for the invitation and I look forward to meeting my counterparts from G20's host nation."
"It is also an opportunity to talk to representatives from the United Kingdom and the European Union about post-Brexit relationships as the implications of the UK's recent referendum vote to leave the European Union are being considered.
"I have already confirmed a meeting with the EU Trade Commissioner Cecelia Malmström and Lord Price, the UK Minister of State for Trade and Investment, to discuss the best way to protect and advance our trade interests with both parties.
"I look forward to frank and fruitful discussions with my international colleagues discussing a range of topics, including ways to achieve a successful outcome of the next WTO Ministerial meeting in 2017."
McClay will also travel to Beijing and Hangzhou for a series of meetings with New Zealand and Chinese businesses and investors. He will visit the Alibaba Headquarters in Hangzhou to discuss future cooperation with New Zealand exporters. This meeting will be an opportunity to build on the memorandum of understanding that was signed between New Zealand Trade and Enterprise and Alibaba in April this year.
After 20 years of milking cows, Northland farmer Greg Collins is ready to step into the governance side of dairy.
For some Canterbury teenagers, their career is being shaped by hands-on experience in a sector they are passionate about - dairy farming.
Dairy farmers will be paying a new levy rate of 4.5c/kgMS - an extra 0.9c/kgMS - to industry-good body DairyNZ from June 1 this year.
The 'atmospheric river' of rain that swept down the country last week almost completely avoided one of the worst drought-affected regions in the country – coastal Taranaki.
Much-needed rain finally arrived in Northland, giving many farmers breathing space to get themselves back on track for next season.
Despite the turmoil in global markets, Fonterra is continuing with a dual track process to divest its multi-billion dollars consumer businesses.
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.