Nimble New Zealand exporters finding opportunity amid shifting trade terms
Global trade wars and uncertain tariff regimes could play into the hands of many New Zealand exporters, according to Gareth Coleman ANZ’s Head of Trade & Supply Chain.
"On top of the drought and the meat schedules this is causing concern amongst sheep and beef farmers," says Bruce Wills, Federated Farmers president and its trade spokesperson.
"It is reassuring to see Minister Nathan Guy confirm that its speedy resolution is the Ministry for Primary Industries number one priority.
"Sheep and beef farmers will be affected one way or another as suppliers or shareholders. A number of the exporters involved in the delay are cooperatives. This means any financial impact ultimately falls back upon the farmers who cooperatively own them.
"What I can say is that New Zealand's farmers truly value the Chinese market for our lamb.
"We want to build a much closer relationship with Chinese consumers and our Chinese farming counterparts too. It is about establishing a true-two way relationship and we hope these messages can be conveyed to the right authorities.
"I know our farmers will want a speedy resolution to any confusion around export certificates. Farmers genuinely appreciate the hard work being put in by our embassy staff in China and that of the Chinese Government.
"We must now urgently resolve this matter to the satisfaction of the Chinese authorities. Comment must be responsible and informed by fact because speculation could do New Zealand damage in a vital market," Wills says.
