Red Meat Sector welcomes release of the CPTPP text

Media Release

21 February 2018

Red Meat Sector welcomes release of the CPTPP text and National Interest Analysis

The release of the text of the Comprehensive and Progressive Trans-Pacific Partnership agreement (CPTPP) and New Zealand’s National Interest Analysis represents important progress for trade leadership in the Asia-Pacific region, say the Meat Industry Association of New Zealand (MIA) and Beef + Lamb New Zealand (B+LNZ).

‘CPTPP brings some of the largest and most dynamic economies in the Asia-Pacific together around a common goal’, says B+LNZ Chief Executive, Sam McIvor.

MIA Chief Executive, Tim Ritchie, said ‘This new agreement addresses concerns many New Zealanders had with the Trans-Pacific Partnership, and is a deal that is good for trade and good for New Zealand.

‘Over 600,000 New Zealand jobs directly depend on international trade. The red meat sector alone employs over 80,000 people in regional New Zealand – all jobs that depend on our ability to export competitively’, Ritchie said.

‘Once fully implemented, CPTPP will save the red meat industry around $65million each year in tariffs. This is money that stays in New Zealand, to be cycled through the New Zealand economy’, said McIvor.

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