Wednesday, 24 February 2016 14:18

TPP does nothing about subsidies, says Peters

Written by 
Winston Peters. Winston Peters.

Only eight months ago, Federated Farmers and NZ's special agriculture trade envoy, Mike Petersen, said the TPPA was going to be gold standard or bust, NZ First leader Winston Peters says.

"So why is it in recent weeks we are seeing subsidised American milk powder being kicked in our faces? And what are the other so-called farming leaders doing about it?," he asked at the Agcarm conference in Auckland today.

In the 1980s and 1990s our farmers went cold turkey yet discovered there was Life after Subsidies, he said. Agricultural subsidies are the farming equivalent of crack cocaine.

"If there was ever a cause for us to galvanise the developing world behind us, it is subsidies. Yet our silence on this at the UN Security Council is deafening," he said.

"In Britain, their National Farmers' Union admitted that European subsidies are worth £175 to £200 per hectare, or about $31,000 to $36,000 every year for the average British farm.

"What does the TPPA do about the US$110bn worth of subsidies paid each year to American, Canadian, Mexican and Japanese farmers? Nothing. What will the more farcical European Union FTA do about €50bn in European subsidies? There's not a mutter, not a murmur, not a syllable, not a sound. Nothing."

This is why we are underwhelmed by Mr Key's claim, first that benefits would be $5b per annum by 2025, now drastically trimmed back by his officials to $2.7B by 2030.

Peters claimed if the TPP is ever "fully implemented" then total tariff and duty reductions will, with a fair wind someday amount to $608m.

While tariff reductions are good per se, they become 30 pieces of silver if the $260bn in competitor annual farm subsidies are made untouchable in the process, he said.

More like this

Drought impact to continue

There is not going to be any significant feed grown in Hawkes Bay until spring, according to former special agriculture trade envoy Mike Petersen.

Featured

 

Being a good boss during calving

Despite it being a busy time, being a good boss during calving is absolutely achievable, says DairyNZ’s People Team leader Jane Muir.

SFOTY in hot water over social media posts

Organisers of the NZ Dairy Industry Awards are investigating unsavoury social media comments allegedly made by the newly crowned 2020 Share Farmer of the Year, Nick Bertram.

» The RNG Weather Report

» Latest Print Issues Online

Milking It

A ticking timebomb?

There could be another dairy health scare brewing in China and this one starts in our backyard.

Please explain

Does anyone in the Government understand the essential role St John Ambulance has in our society?

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter