Print this page
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.

» Connect with Rural News

More like this

Vladimir the dairy farmer

Russian President Vladimir Putin is a master tactician in taking advantage of international conflicts.

Winning the war? BMSB in Georgia 2019

New Zealand Winegrowers (NZW) was part of a small delegation that recently visited the beautiful country of Georgia, in the Caucasus region between Europe and Asia.

» The RNG Weather Report

Featured

Food bowl or toilet bowl?

New Zealand shouldn't become a 'toilet bowl' of trees for other countries' carbon dioxide commitments, explains John Jackson.

 

What’s your favourite plant?

Forest owners are urging people to vote for tōtara as plant of the year in a poll being conducted by the New Zealand Plant Conservation Network.

» Connect with Rural News

» Connect with Rural News