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

 


Groser ordered home from Moscow as Crimean tensions grow

Groser ordered home from Moscow as Crimean tensions grow

March 3 (BusinessDesk) – Prime Minister John Key ordered Trade Minister Tim Groser home from Russia today, ending for now any further discussions on a Russian free trade deal that has been three years in the making as Russia ratchets up pressure on Ukraine on the Crimean Peninsula.

Groser had been in Moscow for trade talks ahead of a possible visit to the Russian capital by Key in a fortnight as part of a global swing through China and Europe that will take in meetings with senior Chinese leadership and an international Nuclear Security Summit in the Netherlands.

Key said he was only missing Moscow on the forthcoming trip because suggested dates had not worked for the Russian president Vladimir Putin, although continuing to discuss an FTA with Russia in the present circumstances was not appropriate.

“I don’t think we could seriously, even if Mr Groser could tie up a deal this afternoon, (sign a free trade agreement) at the same time as we are expressing our deep concern about the threat to sovereignty in Ukraine,” said Key.

He declined to speculate on what response would give if the North Atlantic Treaty Organisation, the defence alliance between western European nations and the United States, were to ask for New Zealand’s assistance if conflict broke out over Russia’s incursion into the Crimean Peninsula.

“That’s a hypothetical question,” he said. If it arose, New Zealand would assess such a request “on its merits.”

He accepted it could offend Russia to have called off the current talks, but New Zealand’s position was consistent with many other countries.

“It’s a very serious situation,” he said, hoping that a diplomatic solution would emerge.

“The FTA has been under negotiation for three years. It has been and is very close to being concluded. Good progress is being made. But I don’t think this would be the right time to signing an FTA if there was potentially one on the table today.”

Key’s Beijing sojourn will be his first since the August infant milk formula contamination false alarm that saw Fonterra product implicated in a global product recall that particularly hit the Chinese market.

“I will be able to report to China’s political leadership, and assure Chinese consumers, that the (government-backed inquiry into the incident) delivered a strong endorsement of the New Zealand food safety system,” Key said.

(BusinessDesk)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Science: Hookworm Discovery At Malaghan Institute

Professor Graham Le Gros has led a team which has stimulated both innate and memory responses to the parasite, discovering along the way the unexpected behaviour of one particular immune cell, in Hookworm, one of the world’s most devastating tropical ... More>>

Business: Provinces Urged To Make Full Use Of New Air Services

Provincial New Zealand has been urged to use new air services to Auckland or risk losing them either partially or completely. The stark warning was issued today by Far North mayor John Carter at a ceremony at Kaitaia airport to mark the final Air ... More>>

Mobile: 2degrees To Credit All Calls And SMS To Nepal

In the wake of the devastating earthquake in Nepal in the weekend, 2degrees will be crediting all calls and SMS messages made to mobiles and landlines in Nepal from Friday 24th April until midnight Wednesday 29th April. More>>

Scoop Business: Alex Swney Pleads Guilty To $2.5M Fraud Charge

Alex Swney, former chief executive of the Auckland city centre business association Heart of the City, has pleaded guilty to dishonestly using documents to obtain $2.5 million. More>>

ALSO:

Petrol Burns Prices: Second Consecutive Quarterly Fall For CPI

The consumers price index (CPI) fell 0.3 percent in the March 2015 quarter, following a 0.2 percent fall in the December 2014 quarter, Statistics New Zealand said today. The last time the CPI showed two consecutive quarterly falls was in the December 1998 and March 1999 quarters. More>>

ALSO:

Scoop Business: NZ Broadcasters Launch Battle Against Global Mode ISPs

New Zealand broadcasters have confirmed they’ve launched legal proceedings against internet service providers who give customers’ access to “global mode”, which allows customers access to offshore online content, claiming it breaches the local content providers’ copyright. More>>

ALSO:

Sanford: Closure Of Christchurch Mussel Processing Plant Confirmed

The decision comes after a period of consultation with the 232 staff employed at the Riccarton site, who were told on 9 April that Sanford was considering the future of mussel processing in Christchurch. Recent weather patterns had impacted on natural spat (offspring) supply... More>>

ALSO:

Price Of Cheese: Dairy Product Prices Fall To The Lowest This Year

Dairy product prices fell in the latest GlobalDairyTrade auction, hitting the lowest level in the 2015 auctions so far, as prices for milk powder and butter slid amid concern about the outlook for commodities. More>>

ALSO:

Houston, We Have An Air Route: Air New Zealand To Fly Direct To The Heart Of Texas

Air New Zealand will fly its completely refitted Boeing 777-200 aircraft between Auckland and Houston up to five times a week opening up the state of Texas as well as popular nearby tourist states such as Louisiana and Florida. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news