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

 

What Winter? Temperature Records Set For June 20-22

The days around the winter soltice produced a number of notably warm tempertaures. More>>

Conservation Deal: New Kākāpō Recovery Partnership Welcomed

Conservation Minister Maggie Barry says the new kakapo recovery partnership between DOC and Meridian Energy is great news for efforts to save one of New Zealand’s most beloved birds. More>>

ALSO:

Tech Sector Report: Joyce Warns Asian Tech Investors View NZ As Hobbits And Food

Speaking in Wellington at the launch of a report showcasing the value of the technology sector to the New Zealand economy, Joyce said more had to be done to tell the country's technology stories overseas. More>>

ALSO:

Mediaglommeration: APN Gets OIO Approval For Demerger Plan

APN News & Media has received Overseas Investment Office approval for its plan to split out its NZME unit ahead of a potential merger with rival Fairfax Media's New Zealand operations. More>>

New Paper: Ninety-Day Trial Period Has No Impact On Firms' Hiring

The introduction of a 90-day trial period has had no impact on hiring by New Zealand companies although they are now in widespread use, according to researchers at Motu Economic and Public Policy Research. More>>

ALSO:

Corrections: Serco Exits Equity Stake, Remains As Operator

Serco has sold its equity stake in the company that holds the contract to design, build and run Wiri Prison in South Auckland but continues as sub-contractor to operate the facility. More>>

GDP: NZ Economy Grows Faster-Than-Forecast 0.7%

New Zealand's economy grew at a faster pace than expected in the first quarter of 2016 as construction expanded at the quickest rate in two years. The kiwi dollar jumped after the data was released. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news