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

 


Trans-Tasman Forest Industries Strengthen Ties

Trans-Tasman Forest Industries Strengthen Ties

The New Zealand and Australian forest, wood, and paper products industries are moving towards a closer working relationship at a series of industry meetings to be held in Canberra between 16 and 24 April.

Chief Executive of the New Zealand Forest Industries Council, Stephen Jacobi, welcomed the move towards greater co-operation between the two countries.

“Just like our two economies under CER, forest industries on both sides of the Tasman are increasingly integrated with one another: we share a common resource based on radiata pine and we are chasing essentially the same markets. The fact is the challenges we face are bigger than just one industry and bigger than just one country,” said Mr Jacobi.

The round of meetings includes the inaugural meeting of the Trans-Tasman Forest and Wood Products Forum. Taking place on 20 April, the forum is a joint initiative between the new Australian plantation industry organisation, A3P, and the New Zealand Forest Industries Council.

CEOs and senior managers from New Zealand companies Carter Holt Harvey, Crown Forestry, Forest Research, Tenon, Weyerhaeuser, Winstone Pulp and from the New Zealand Forest Owners Association and New Zealand Pine Manufacturers Association are attending the forum. “Forestry is New Zealand’s third largest export sector and it makes sense to work co-operatively with our nearest neighbour on large strategic issues affecting both countries, such as international trade, research and development, and climate change,” said Mr Jacobi.

“Deepening our dialogue with the Australian industry on international trade issues is particularly important. As international markets are freed up by the slow but sure process of the World Trade Organisation, and as the pace of international competition quickens, we must position ourselves more aggressively. That means, inevitably, doing more together.”


Mr Jacobi will also be meeting with global forest, wood, and paper industry leaders while in Canberra. On 15-16 April he will attend a meeting of the International Council of Forest and Paper Associations (ICFPA) and on 17 April he will chair a gathering of industry leaders from Australia, Canada, Chile, South Africa, and the United States to review the progress of WTO Doha negotiations.

“Representatives of these industries first met in Oaxaca, Mexico, in May 2003 to discuss the progress in the Doha negotiations and to consider options to further the interests of the global industry in these critical negotiations,” said Mr Jacobi.

Mr Jacobi said the Doha negotiations offer an unparalled opportunity to eliminate trade barriers, put in place more effective trade rules, and address the specific concerns of developing countries.

“There has been a sense of drift in the negotiations for much of this year. But now that they are moving again the industry is keen to press for a robust outcome through substantial tariff reductions, the elimination of non-tariff barriers, and the creation of more effective trade rules.”

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Company Results: Air NZ Rides The Tourism Boom With Record Full-Year Earnings

Air New Zealand has ridden the tourism boom and staved off increased competition to deliver the best full-year earnings in its 76-year history. More>>

ALSO:

New PGP: Sheep Milk Industry Gets $12.6M Crown Funding

The Sheep - Horizon Three programme aims to develop "a market driven, end-to-end value chain generating annual revenues of between $200 million and $700 million by 2030," according to a joint statement. More>>

ALSO:

Half Full: Fonterra Raises Forecast Milk Price

Fonterra Co-operative Group Limited today increased its 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS. When combined with the forecast earnings per share range for the 2017 financial year of 50 to 60 cents, the total payout available to farmers in the current season is forecast to be $5.25 to $5.35 before retentions. More>>

ALSO:

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news