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Pleading For Dairy Industry

13 March 2008


Pleading For Dairy Industry

It is a sad day when one is reduced to pleading for ministers to turn down Overseas Investment Office approval of a Russian company seeking to own a dairy factory, says New Zealand First primary production spokesperson Doug Woolerton.

“New Zealand First’s aim has always been to retain control of New Zealand’s resources in the hands of New Zealanders. We are therefore very concerned at the precedent the Hon Dr Michael Cullen and Hon David Parker will be setting if they approve Nutritek’s application to buy a controlling interest in New Zealand Dairies Limited of Studholme. This is why I have written to the ministers to express our concern about any sale.

“Allowing the sale would result in the loss of vital exporting dollars and will further add to the massive amount of profits disappearing overseas. New Zealand cannot prosper if we continue to allow the fruits of New Zealand labour and innovation to make foreigners rich.

“Allowing foreign ownership of New Zealand Dairies Limited would be a tragic mistake. These ministers must answer the question: Whose interests are the government serving here?” says Mr Woolerton.

ENDS


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