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.
News of plans to upgrade New Zealand’s free trade agreement with China should open trade doors for more timber exports to China.
News of plans to upgrade New Zealand’s free trade agreement with China should open trade doors for more timber exports to China.
The FTA would also give more employment in New Zealand, says the New Zealand Wood Council chair, Brian Stanley.
The Prime Minister, John Key, says New Zealand’s main aim in the China FTA upgrade is to reduce dairy quotas, but he also emphasised other improved trade prospects in China, including timber exports.
New Zealand dairy exports to China are presently worth $2.9 billion a year, while forest products are New Zealand’s second most important export to China, at $1.8 billion a year.
Stanley says the New Zealand negotiators will be looking at current non-tariff barriers for New Zealand timber exports to China.
“The Chinese timber industry has all sorts of government assistance against imports, and even when we are competing against other exporters there, such as the US and Canada, the Chinese regulations are stacked against us,” says Stanley.
“We’d also want more transparency in their phytosanitary rules.”
Stanley says the New Zealand industry would like to see the China FTA result in more production and work for processors in New Zealand.
“At the moment China takes more than two-thirds of our log exports, but it lags behind the United States, Australia and Japan for importing processed timber from New Zealand, such as sawn timber, panels and paper.”
The National Wild Goat Hunting Competition has removed 33,418 wild goats over the past three years.
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Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.