Potential UAE trade deal would boost red meat exports
The red meat sector is welcoming the start of trade negotiations between New Zealand and the United Arab Emirates (UAE).
Trade Minister Todd McClay has welcomed the Waitangi Tribunal's Report on the TPP which found no breach of the Treaty of Waitangi.
"New Zealand's approach to its free trade agreements reflects the constitutional significance of the Treaty of Waitangi to New Zealand. TPP specifically recognises the Treaty of Waitangi, so that nothing in the TPP will prevent the Crown from meeting its obligations to Maori," says McClay.
"The Tribunal recognised that the development and successful incorporation of the Treaty exception clause, which has been in every free trade agreement signed by a New Zealand government since 2001, was an achievement and of credit to the government.
"As I have said to Iwi Leaders at their Forum meeting this week, I am happy to continue to engage with Maori on TPP and future free trade agreements.
"Maori have much to gain from the agreement. Maori businesses are big exporters and have significant ownership in key sectors such as forestry, fishing, red meat, and dairy.
"The tariff savings under TPP on current exports across these sectors are significant, amounting to an estimated $200 million a year once the tariff commitments are fully phased in."
'A lot of interest and positive responses' appears to be the way farmers are viewing the Government's initiative to hold a series of woolshed meetings around the country.
A Southland farming leader wants the regional council to delay a proposed regional rates hike, much of which is intended to fund flood protection works.
Rural Women New Zealand (RWNZ) says access to personal banking services in rural communities is fundamental to promoting outcomes that benefit Kiwi consumers.
A group set up to boost education and promotion of wool says it has made positive strides during the first year of its three-year strategy.
Meat processor ANZCO Foods says despite a challenging business environment, it has posted a net profit before tax of $61 million for 2023.
Horticulture NZ chief executive Nadine Tunley will step down in August.