Crazy
OPINION: Your canine crusader was truly impressed by the almost unanimous support given by politicians of all stripes in Parliament to the recent passing of legislation for the NZ/EU free trade deal.
New Zealand is a step closer to free trade with the United Kingdom, says Trade and Export Growth Minister Damien O’Connor.
O’Connor’s statement came after the United Kingdom Free Trade Agreement Legislation Bill had it’s first reading in Parliament yesterday.
“We’re continuing steady progress toward ratifying this historic free trade agreement (FTA) and having its benefits flow through our economy,” O’Connor says.
“The elimination of tariffs, almost all when the Agreement comes into force, and the new levels of ambition in inclusive and sustainable trade, including outcomes for Māori, women in trade, and the environment, make the UK FTA a gold-standard agreement,” he says.
O’Connor describes the deal as one of the best New Zealand has ever negotiated and will boost the economy by up to $1 billion as well as providing us with further economic security.
Negotiations for the UK FTA were launched in June 2020 and reached the agreement-in-principle stage in October last year.
Once both New Zealand and the United Kingdom have completed their mutual ratification processes, the FTA can enter into force.
“This is an excellent deal that was negotiated at a good pace, with much of it done virtually through the pandemic,” O’Connor says.
He says the Government aims to complete New Zealand’s ratification processes by the end of 2022.
Trade Minister Todd McClay says New Zealand has no intention of backing down in a trade dispute with Canada over dairy products.
There have been leadership changes at the Hamilton-based Dairy Goat Co-operative, which has been struggling financially in recent years.
Horticulture NZ chief executive Nadine Tunley will step down in August.
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Another 16 commercial beef farmers have been selected to take part in the Informing New Zealand Beef (INZB) programme designed to help drive the uptake of genetics in the industry.
Trade Minister Todd McClay says Kiwi exporters will be $100 million better off today as the NZ-EU Free Trade Agreement (FTA) comes into force.
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