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


Free Trade Is What Farmers Want

7 April 2008
Free Trade Is What Farmers Want

Federated Farmers welcomes the Free Trade Agreement between New Zealand and China as it will bring huge benefits to New Zealand farmers.

A large delegation from New Zealand is in China to today to sign what is the biggest trade agreement with another country since the Closer Economic Relations agreement with Australia in 1983.

“It is a quite a momentous event that New Zealand is the first western country to do a genuine trade deal with China, an up and coming super power, said Charlie Pedersen President of Federated Farmers of New Zealand.

“This is a comprehensive free trade agreement that will be hugely beneficial to a country like New Zealand which relies on exports. New Zealand is taking trade into the new century with this FTA.

“China has the biggest potential market in the world, with the biggest population. The Chinese want our meat, wool and dairy products. Their middle class is growing all the time and as the population gets wealthier they will demand more of our produce. It is a great time to be a food producer in New Zealand,” said Mr Pedersen.

Reducing tariffs on food and fibre going to China is an essential part of the agreement.

A key issue is how quickly the average tariffs of 15 percent on agricultural goods will be reduced. This will not be known until after the agreement has been signed.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Water: Farming Leaders Pledge To Help Make Rivers Swimmable

In a first for the country, farming leaders have pledged to work together to help make New Zealand’s rivers swimmable for future generations. More>>


Unintended Consequences: Liquor Change For Grocery Stores On Tobacco Tax

Changes in the law made to enable grocery stores to continue holding liquor licences to sell alcohol despite increases in tobacco taxes will take effect on 15 September 2017. More>>

Back Again: Government Approves TPP11 Mandate

Trade Minister Todd McClay says New Zealand will be pushing for the minimal number of changes possible to the original TPP agreement, something that the remaining TPP11 countries have agreed on. More>>


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>