NZ Apple Sector Pushes for Japan & Korea Market Access
The apple sector is working with the Government to unlock access to two key markets that could bring millions in revenue for apple growers.
NZ's free trade deal with the United Kingdom is a step closer, with the legislation enacting the deal having its first reading in Parliament in late July.
Trade and Export Growth Minister Damien O'Connor says steady progress is being made toward ratifying the UK FTA.
"The elimination of tariffs, almost all when the agreement comes into force makes the UK FTA a gold-standard agreement," he claims. "It's one of the best deals we've ever negotiated and will boost our economy by up to $1 billion and provide us further economic security."
Negotiations were launched on the UK FTA in June 2020 and reached agreement-in-principle in October last year. Once both New Zealand and the United Kingdom have completed their ratification processes, the FTA can enter into force.
O'Connor says the Government aims to complete New Zealand's ratification processes by the end of this year.
Farmgate lamb prices are down by 8%, beef cattle by 4.5% and farm expenditure up by 4.2%.
Kiwifruit growers are watchful but remain optimistic as concerns around the potential effects of the El Niño weather pattern this season.
Almond hulls sourced from Australian orchards may have the potential to help New Zealand cows reduce emissions, boost milk yield and lower input costs.
Striking a balance between meeting the needs of industry to speed up approval time for products but on the other hand ensuring that risks are properly assessed.
Surprised, humbled and quite thrilled. That’s the reaction of James Allen, one of the founding partners and now chief executive of AgFirst, on being made a life member of the Institute of Rural Professionals.