Celebrating 25 Years of Scoop
Special: Up To 25% Off Scoop Pro Learn More
Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

EU export subsidy removal helps dairy markets

 
Hon Tim Groser
Minister of Trade

20 November 2009

Media Statement

 

EU export subsidy removal helps global dairy markets

Trade Minister Tim Groser today welcomed news that the European Union (EU) has removed all remaining export subsidies for dairy products.

Mr Groser says this is a very positive development and is in line with recent market trends.

“International dairy prices have shown a marked improvement across the board in the last three months, reflecting a more positive outlook in international dairy markets.

“In response to this market improvement, the European Union has been gradually scaling back its export subsidies since late October. The removal of remaining export subsidies sends an encouraging message to the international dairy market and I welcome that.

“I will continue to make the point in my international contacts that it is important not to revert to subsidies as a response to market conditions.

“All countries with dairy industries have an interest in a healthy international market. This is a positive development toward that end,” Mr Groser said.

END

 

 

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.