Saturday, 07 February 2015 00:00

Zespri not exposed by arrest

Written by 

Zespri has no financial exposure to Dalian Yidu, the north-east Chinese importer who reportedly has had nine staff arrested by Chinese customs.

 “Dalian Yidu imports many New Zealand and global agricultural products. It is one of Zespri’s importers into China, dealing with less than 5% of Zespri’s China volume,” a Zespri spokesman told Rural News.

“Zespri’s NZ supply season to our markets, including China, finished quite a while ago and Zespri has no financial exposure to Yidu. There is nothing to indicate this investigation involves Zespri kiwifruit.”

Dalian Yidu is one of four of Zespri’s importers in China, a spokesman confirmed.

The Ministry for Primary Industries is aware of the issue and is monitoring the situation as a part of our normal market access work. 

“Regarding any other companies using this importer, the commercial arrangements between New Zealand exporters and overseas importers are confidential to the parties involved,” a spokesman says.

“MPI has been told, however, that the importer concerned does import other New Zealand commodities from other primary production sectors. The ministry does not hold information on the specific exporting companies.”

Nine staff at Dalian Yidu are understood to have been arrested in relation to importing prohibited fruit and alleged under-declaration of customs duties.

More like this

Make it 1000%!

OPINION: The appendage swinging contest between the US and China continues, with China hitting back with a new rate of 125% on the US, up from the 84% announced earlier.

Positive first year for ZAG fund

As it enters its second year, Zespri says the first year of the Zespri Innovation Fund (ZAG), has been “really positive”.

Featured

Wilmar hands over US$725m ‘court security’ in Indo graft case

Reuters reports that giant food company Wilmar Group has announced it had handed over 11.8 trillion rupiah (US$725 million) to Indonesia's Attorney General's Office as a "security deposit" in relation to a case in court about alleged misconduct in obtaining palm oil export permits.

National

Machinery & Products

Calf feeding boost

Advantage Plastics says it is revolutionising calf meal storage and handling, making farm life easier, safer, and more efficient this…

JD's precision essentials

Farmers across New Zealand are renowned for their productivity and efficiency, always wanting to do more with less, while getting…

» Latest Print Issues Online

The Hound

Don't hold back!

OPINION: ACT MP Mark Cameron isn’t everyone’s cup of tea, but he certainly calls it how he sees it, holding…

Sorry, not sorry

OPINION: Did former PM Jacinda Ardern get fawning reviews for her book?

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter