Thursday, 17 March 2016 11:06

Italy, Hungary break ranks over Russia

Written by 
New Zealand First Leader and Northland MP Winston Peters. New Zealand First Leader and Northland MP Winston Peters.

New Zealand First says Italy and Hungary are breaking European ranks over Russian sanctions.

New Zealand First Leader and Northland MP Winston Peters says the Foreign Ministers of Italy and Hungary this week said there could be no automatic extension of the European Union's sanctions against Russia. "We can probably add Greece and Cyprus to that growing list as well," says Peter.

"While (Prime Minister) Mr (John) Key was entertaining the Iranian Foreign Minister in Wellington, Iran moved this week to fill Russia's $1bn market for fruit and vegetables. This follows Russian sanctions against Turkey after it shot down a Russian fighter over Syria."

Peters says Russia is also the world's number one beef importer and number two dairy importer.

Earlier he told a ForestWood Conference in Auckland the dairy industry – vitally important as it is to New Zealand – is not going to repeat the growth record of the past decade.

"Both economically and environmentally the conditions that fostered such rapid growth in the dairy sector are unlikely to recur," he says.

"Dairy will still be a mainstay – but it has come down to earth with a bump – and given us a salutary reminder that diverse exporting industries is economic common sense."

New Zealand needs to build up many other heavyweight export sectors as well.

There were very few economic sectors that offer the potential or opportunity of forestry and wood products.

That is why NZ First supports the vision of the Wood Council to raise the earnings of the New Zealand forest and wood products sector to $12 billion by 2022.

 

More like this

Neutered?

When in Opposition, ‘Winston First’ used to enjoy standing on the sidelines criticising the sale of New Zealand companies to Chinese interests.

Peters extolls Irish links

Winston Peters says New Zealand and Ireland have much to gain by joining forces to pool knowledge, expertise and global connections.

Meaty matters for NZ

New moves are afoot, this month, to try to resolve the issue of tariff rate quotas (TRQs) which will threaten New Zealand sheepmeat exports to Europe when Britain leaves the European Union (EU) next year.

 
 

» The RNG Weather Report

» Latest Print Issues Online

The Hound

Yuck

This old mutt notes that millionaire Hollywood producer and advocate for mung bean farming James Cameron is happy to fly…

Showing the way

A mate of the Hound reckons some major agricultural companies wanting to promote their ideas and services could learn from…

» Connect with Rural News