NZ exports to EU surge by $3b under free trade deal, says Government
New Zealand exports to the European Union have surged by $3 billion in two years under the New Zealand-European Union Free Trade Agreement.
The Government is now backing a Green Party bill requiring country of origin labelling (CoOL) on single ingredient food such as fruit and meat.
Prime Minister Bill English says the change of heart is prompted by consumer preference as roundly discussed in National’s caucus. “It’s reflecting pretty strong consumer preferences.”
The Consumers’ Right to Know (Country of Origin of Food) Bill will have its first reading in parliament soon and will go to select committee after National agreed to support it.
It will require mandatory CoOL for fresh single ingredient foods such as meat, fruit, vegetables, nuts oils and flour.
English says National will decide after the select committee process whether to continue to support it into law.
Horticulture New Zealand has congratulated the government on backing the bill.
“Given that our recent survey showed more than 70% of NZers want mandatory CoOL for fresh fruit and vegetables, it is great to see the government listened to that,” Horticulture NZ chief executive Mike Chapman says.
More than 1200 exhibitors will showcase their products and services at next month’s National Fieldays, with sites nearly sold out.
Despite difficult trading conditions for European machinery manufacturers brought about conflicts in Ukraine and Iran, alongside the United States imposing punitive tariffs, Italian manufacturer Maschio Gaspardo, has seen turnover increase 12% in 2025 to €390 million (NZ$775m) with a net profit of €11.2 million (NZ$22.3).
New Zealand innovation company Techion, best known for its animal diagnostics platform, FECPAK has signed an exclusive strategic partnership with Farmlands to bring independent animal health disease intelligence to its customers.
Zespri says it welcomes the recently signed Western Bay of Plenty Regional Deal, describing it as an important step towards supporting growth in the region and for New Zealand's kiwifruit industry.
Troubled milk processor Synlait has lost its third chief executive in five years.
Westgold butter has been named New Zealand's tastiest in a blind tasting conducted by Consumer New Zealand.