Editorial: Now the Hard Work Begins
OPINION: After much wrangling, the Free Trade Agreement (FTA) between New Zealand and India is a step closer to fruition.
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.
Horticulture New Zealand says proposed changes to the Plant Variety Rights Act 2022 will drive innovation, investment and long-term productivity.
More than 1200 exhibitors will showcase their products and services at next month’s National Fieldays, with sites nearly sold out.
Despite difficult trading conditions for European machinery manufacturers brought about conflicts in Ukraine and Iran, alongside the United States imposing punitive tariffs, Italian manufacturer Maschio Gaspardo, has seen turnover increase 12% in 2025 to €390 million (NZ$775m) with a net profit of €11.2 million (NZ$22.3).
New Zealand innovation company Techion, best known for its animal diagnostics platform, FECPAK has signed an exclusive strategic partnership with Farmlands to bring independent animal health disease intelligence to its customers.
Zespri says it welcomes the recently signed Western Bay of Plenty Regional Deal, describing it as an important step towards supporting growth in the region and for New Zealand's kiwifruit industry.
Troubled milk processor Synlait has lost its third chief executive in five years.