Will India ink a free trade agreement with NZ?
Beef+Lamb New Zealand (B+LNZ) has welcomed the New Zealand Government's announcement that comprehensive free trade agreement (FTA) negotiations have formally commenced with India.
Agriculture is high on his agenda as new Trade Minister Todd McClay attends the 10th WTO Ministerial Conference in Nairobi, Kenya.
The three-day meeting, which started yesterday, is McClay's first duty as Trade Minister, a portfolio change which took effect on Monday.
"Key issues for trade and development will be in the spotlight at Nairobi, including in the important area of agriculture," McClay says.
"WTO Members will be trying to agree a package of measures from the Doha Round agenda, which has been stalled since 2008.
"While no negotiation with more than 160 participants could be described as easy, we hope that all players come to the table prepared to play their best hand.
"As well as negotiations on new market access and improved multilateral trade rules, the WTO works to ensure that hard-won market access is preserved and existing WTO rules are complied with.
"While New Zealand has been successful in securing a network of high quality free trade agreements, we believe that FTAs should complement and contribute to the WTO system.
"When it comes to trade issues, global solutions are the most effective ones."
McClay is having a range of bilateral meetings in Nairobi.
The WTO Ministerial Conferences take place every two years.
Beef + Lamb New Zealand (BLNZ) says the release of New Zealand's latest Greenhouse Gas Inventory clearly shows agriculture is playing its part in emissions reductions and there is no need for a price on agricultural emissions.
While opening the first electrode boiler at its Edendale site, Fonterra has announced a $70 million investment in two further new electrode boilers.
Fonterra says its ongoing legal battle with Australian processor Bega Cheese won’t change its divestment plans.
With an amendment to the Medicines Act proposing human medicines could be approved in 30 days if the product has approval from two recognised overseas jurisdictions, there’s a call for a similar approach where possible to be applied to some animal medicines.
The Government wants to make sure that rural communities get a level of service that people who live in cities often complacently expect.
As the New Zealand Government launches negotiations on a Free Trade Agreement with India, one Canterbury-based vegetable seed breeder is already benefiting from exporting to the world's fifth-largest economy.
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