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

 


Japan and the Trans Pacific Partnership

Japan and the Trans Pacific Partnership
 
Federated Farmers of New Zealand welcomes Japanese Prime Minister, Shinzo Abe, signalling that Japan wishes to join Trans Pacific Partnership (TPP) negotiations.
 
“The Japanese market sets very high standards for its food,” says Bruce Wills, Federated Farmers President.
 
“Thankfully, New Zealand products are held in high regard by Japanese consumers and the country is our fourth largest export destination worth over NZ$3 billion.
 
“Our leading exports to Japan include aluminium, dairy products, fruit and nuts as well as meat. 
 
“Interestingly our imports from Japan are also worth over $3 billion.  Deepening the trade relationship makes a lot of sense. 
 
“Japan’s entry into the TPP would be of great mutual benefit for the primary industries.  New Zealand’s farmers and farm system is, we believe, complementary to Japan’s.
 
“New Zealand does not produce rice and we do not export significant quantities of sugar, barley, wheat or pork products; all sensitive agricultural products in Japan.
 
“New Zealand’s grass-fed beef fits into a specific niche in Japan because most beef there tends to be grain-fed.  Again we complement rather than compete.
 
“We also happen to be in different hemispheres so their winter is our summer.
 
“It is why we see nothing but positives for both Japanese and New Zealand farmers.  We have a lot to learn from each other and Federated Farmers welcomes this exciting trade development,” Mr Wills concluded.
 
ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Tourism: China Southern Airlines To Fly To Christchurch

China Southern Airlines, in partnership with Christchurch Airport and the South Island tourism industry, has announced today it will begin flying directly between Guangzhou, Mainland China and the South Island. More>>

ALSO:

Dodgy: Truck Shops Come Under Scrutiny

Mobile traders, or truck shops, target poorer communities, particularly in Auckland, with non-compliant contracts, steep prices and often lower-quality goods than can be bought at ordinary shops, a Commerce Commission investigation has found. More>>

ALSO:

Auckland Transport: Government, Council Agree On Funding Approach

The government and Auckland Council have reached a detente over transport funding, establishing a one-year, collaborative timetable for decisions on funding for the city's transport infrastructure growth in the next 30 years after the government refused to fund the $2 billion of short and medium-term plans outlined in Auckland's draft Unitary Plan. More>>

ALSO:

Bullish On China Shock: Slumping Equities, Commodities May Continue, But Not A GFC

The biggest selloff in stock markets in at least four years, slumping commodity prices and a surge in Wall Street's fear gauge don't mean the world economy is heading for another global financial crisis, fund managers say. More>>

ALSO:

Real Estate: Investors Driving Up Auckland Housing Risk - RBNZ

The growing presence of investors in Auckland's property market is increasing the risks, and is likely to both amplify the housing cycle and worsen the potential damage from a downturn both to the financial system and the broader economy, said Reserve Bank deputy governor Grant Spencer. More>>

ALSO:

Annual Record: Overseas Visitors Hit 3 Million Milestone

Visitor arrivals to New Zealand surpassed 3 million for the first time in the July 2015 year, Statistics New Zealand said today. The record-breaking 3,002,982 visitors this year was 7 percent higher than the July 2014 year. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news