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


Chance to Push for Open Markets in Forest Products

30 May 2005

Global Forest Summit - Chance to Push for Open Markets in Forest Products

A Global Forest Summit beginning in Vancouver this week provides a strong opportunity to promote open markets in the trade of forest products, NZFIC Chairman Lees Seymour said today.

"We're in a key period for trade negotiations in the WTO - such opportunities come rarely and events like the Global Forest Summit can provide industry support for the negotiation process," he said.

The Summit brings together CEOs from 21 countries, representing two thirds of the world's production of forest products to focus their attention on key challenges for the industry in the period to 2015.

Countries from the influential Santa Catalina Group will ask the Summit to send a strong message to the upcoming WTO discussions about eliminating trade barriers and putting in place more effective trade rules.

The Santa Catalina Group is made up of industry organisations from New Zealand, Australia, Canada, Chile, South Africa and the United States.

Mr Seymour said a key message to the Summit was that as a global industry it could do more to influence the free trade agenda.

"Other international industries, like the chemicals, automotive and agriculture industries have been doing this sort of thing for years.

"The Santa Catalina Group has made some very good progress - last year it was the first industry group ever to address WTO negotiators directly on the impact of non-tariff trade barriers.

"But we now have the opportunity to deliver a strong message from the global industry to the WTO negotiations."

(NZFIC Chief Executive, Stephen Jacobi, will lead another delegation to Geneva for the WTO discussions the week after the Vancouver Summit.)

Mr Seymour said the industry was keen to see tariffs eliminated and non-tariff barriers addressed.

"In New Zealand we know too well the impact of tariffs. They are a key reason why we've seen the growth in log exports over value added processed products - logs attract lower tariffs.

"But a series of reports have shown us that the cost of non-tariff barriers is over four times that of tariffs."*

The Globa Forest Summit runs from June 1-3. New Zealand will be represented by Mr Seymour, Forest Owners Association President Peter Berg and Charles Schell, General Manager of Crown Forestry.

Other key issues for New Zealand to be discussed at the summit include sustainable forest management and the role of plantation forests in meeting consumer needs for wood and paper.

Next week WTO trade negotiators meet again in Geneva to begin preparing a trade liberalisation package for non-agricultural products including wood and paper for a Ministerial Conference to consider at the end of 2005.


© Scoop Media

Business Headlines | Sci-Tech Headlines


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>>


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>>


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>>


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>>


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>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news