Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Federated Farmers Welcomes WTO Lamb Decision

02 May 2001 PR 56/2001

Federated Farmers Welcomes WTO Lamb Decision

Federated Farmers Chief Executive Tony St. Clair has welcomed the decision by the World Trade Organisation (WTO) Appellate Body to uphold the decision made by the WTO expert panel that found the United States had breached international trade rules by imposing tariff quotas on New Zealand and Australian lamb imports.

"This is excellent news for New Zealand farmers and meat exporters. I must congratulate the Minister of Agriculture and Trade, Jim Sutton, and officials from Meat New Zealand and the Ministry of Foreign Affairs and Trade for the effort they have put into this issue," said Mr St. Clair.

"This case highlights the importance of the WTO and the framework it provides for international trade."

"New Zealand farmers will be looking to Bush Administration to implement the findings of the WTO Appellate Body as speedily as possible."

"The US market holds enormous potential for both the American and New Zealand sheep industries. Americans consume an average of just 450gms of lamb per year. I am confident that there is room for growth in this market for both New Zealand and American lamb," concluded Mr St. Clair.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news