fbpx
Print this page
Tuesday, 25 October 2016 11:22

EU—NZ agreement on non-tariff trade barriers

Written by 
Trade Minister Todd McClay. Trade Minister Todd McClay.

Trade Minister Todd McClay and EU Trade Commissioner Cecilia Malmström have agreed on the importance of working in the World Trade Organisation (WTO) towards reducing non-tariff barriers (NTBs), and reform of domestic support in agriculture.

"Commissioner Malmström and I are committed to progressing these important issues in Geneva as part of preparations for the next WTO Ministerial Conference in 2017," say McClay.

The discussion took place in Oslo, Norway this weekend in advance of the WTO mini-ministerial meeting.

"Consensus is developing amongst some WTO members on these issues, which are significant priorities for New Zealand. Much work remains, however, before a credible outcome can be expected.

"For New Zealand, NTBs and domestic support in agriculture remain issues that distort trade - and therefore need to be dealt with. With agreement to remove agricultural export subsidies at the end of last year we've seen some progress, however my strongly held view is that much more must be done. This can only be properly addressed in the WTO.

"I welcome New Zealand and the European Union working together in the WTO and in continuing to work together to strengthen our trading relationship.

"The Commissioner confirmed to me that EU progress towards an FTA with New Zealand remains on track and that she did not expect Brexit to be an obstacle to the launch of negotiations.

"We have recommitted to work constructively together towards the launch of negotiations,” says McClay.

Two-way trade between NZ and the EU is around $20 billion each year. This includes $5.5 billion of trade with the United Kingdom.

More like this

Editorial: Passage to India

OPINION: Even before the National-led coalition came into power, India was very much at the fore of its trade agenda.

Marlborough drought declaration welcomed

Marlborough Federated Farmers has got some real concern about the mental wellbeing of farmers and their families in the region because of the drought and there’s a lot of pressure starting to build.

Featured

Vaccinate against new lepto strain

A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.

TV series to combat food waste

Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.

National

Celebrating success

The Director General of MPI, Ray Smith says it's important for his department to celebrate the success of a whole…

Cyclone's devastating legacy

One of the country's top Māori sheep and beef farms is facing a five-year battle to get back to where it…

Machinery & Products

Factory clocks up 60 years

There can't be many heavy metal fans who haven’t heard of Basildon, situated about 40km east of London and originally…

PM opens new Power Farming facility

Morrinsville based Power Farming Group has launched a flagship New Zealand facility in partnership with global construction manufacturer JCB Construction.