Damien O’Connor: NZ united on global trade
When it comes to international trade, politicians from all sides of the aisle are united, says Labour's trade spokesman Damien O'Connor.
Trade Minister Damien O'Connor is currently in Geneva for the World Trade Organisation (WTO) 12th Ministerial Conference.
The WTO has been in disarray for some time with some of the world's larger jurisdictions failing to abide by rules-based trading, which is one of the cornertsones of the organisation.
The problems for the WTO have been exacerbated by the Ukraine war, which has seen western delegated refusing to meet with Russian representatives.
The WTO is regarded by New Zealand as very important because it underpins some of our key trading agreements, in particular with the EU.
O'Connor says, as a trading nation at the bottom of the pacific, New Zealand strongly believes that the rules-based trade system and multilateralism are essential to finding long-term solutions to global problems. He says he'll be advocating for NZ values and interests at every turn.
While at the conference, O'Connor will meet with ministerial counterparts from other countries - especially the EU - to try and get some traction the current FTA negotiations, which appear to be in a hiatus.
"New Zealand is open for business and being able to meet counterparts in person at the WTO is essential for us to furher our strong trading relationships and ensure our voice is heard," he says.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.
Fears of a serious early drought in Hawke’s Bay have been allayed – for the moment at least.

OPINION: The release of the Natural Environment Bill and Planning Bill to replace the Resource Management Act is a red-letter day…
OPINION: Federated Farmers has launched a new campaign, swapping ‘The Twelve Days of Christmas’ for ‘The Twelve Pests of Christmas’ to…