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


Forestry Sector welcomes Free Trade Agreement

8 April 2008

Forestry Sector welcomes Free Trade Agreement

The forestry sector welcomes the signing of the Free Trade Agreement with China.

Wood Council of New Zealand Chairman Doug Ducker says that while the impact of the Free Trade Agreement with China would have only a small financial benefit to the log and forest products’ exporting sector, due to the low level of current tariffs, the recognition of New Zealand’s relationship with China in this way is expected to provide growth opportunities in the future.

In addition, it should provide a driver for the establishment of free trade agreements with countries where tariffs are higher. The success of MFAT officials in completing the FTA negotiation is applauded.


© Scoop Media

Business Headlines | Sci-Tech Headlines


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>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>