increase font size
Fonterra chairman John Wilson.
Fonterra has welcomed Prime Minister John Key's announcement at APEC of the launch of China NZ FTA upgrade negotiations.
The announcement followed a positive bilateral meeting between Trade Minister Todd McClay and Chinese Commerce Minister Gao Hucheng.
Fonterra chairman John Wilson said, "The upgrade of the FTA provides an opportunity to strengthen the already strong dairy relationship between New Zealand and China. I am pleased that the leadership of both countries recognise the value of continuing to improve the FTA. We are committed to continuing to build our business in China and the FTA will remain the key platform for that growth."
Fonterra has operated in China for more than 40 years, and has developed an integrated business strategy encompassing farms, ingredient products, foodservices and consumer brands including Anchor, Anlene and Anmum.
China is New Zealand's largest dairy export market with NZD $2.7 billion worth of trade in 2015. Fonterra has substantial investments on the ground in China, including a strategic partnership with Beingmate, a leading Chinese infant and child food manufacturer. It has completed two farming hubs and is working on a third in partnership with Abbott. Fonterra employs more than 1,500 people in China. Fonterra is also the leading premium imported dairy provider in the foodservices sector in China.
New Zealand must continue to educate Chinese consumers about the unique qualities of its red meat products and how they differ from competitors, says Silver Fern Farms chief executive Dan Boulton.
We're working through it, and we'll get to it.
Fonterra Whareroa wrapped up a successful season with a record-breaking cheese production volume and several gongs at the co-op's annual Best Site Cup awards.
Common sense and good human judgement are still a key requirement for the super highly qualified staff working at one of New Zealand's largest and most important research facilities - Fonterra's R&D Centre at Palmerston North.
Fonterra's co-op model and what it does for New Zealand has lured one of its bright stars back on board.
OPINION: Ministry for Primary Industries' situation outlook for primary industries report (SOPI) makes impressive reading.
Sheep and beef farmers Matt and Kristin Churchward say using artificial intelligence (AI) to spread fertiliser on their sprawling 630ha farm is a game changer for their business.
Commercial fruit and vegetable growers are being encouraged to cast their votes in the Horticulture New Zealand (HortNZ) board directors' election.
A unique discovery by a Palmerston North science company, Biolumic, looks set to revolutionise the value and potential of ryegrass and the secret is the application of ultraviolet (UV) light.
A New Zealand company is redefining the global collagen game by turning New Zealand sheepskin into a world-class health product.
With further extreme weather on the way, ANZ Bank is encouraging farmers and business owners impacted by the recent extreme weather and flooding to seek support if they need it.
OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.
OPINION: The Federated Farmers rural advocacy hub at Fieldays has been touted as a great success.
