Farmers welcome free trade deal with UAE
New Zealand farmers are welcoming news of a free trade agreement with the United Arab Emirates, a key country in the Gulf region.
British and New Zealand trade negotiators are burning the midnight oil in a bid to get a free trade agreement between the two countries.
Minister for Trade and Export Growth Damien O'Connor had a Zoom call about the talks with his UK counterpart, Liz Truss, last week. When the pair met in July, they made much play of the fact that they would try and come to an agreement in principle by the end of August.
At the time, O'Connor noted the pressure was on to get an agreement but conceded there were sensitive issues.
Only recently, the former NZ High Commissioner, Sir Lockwood Smith, stated that the FTA with the UK was there to be had and if the present government didn't do a deal it would be a massive failure on their part.
Last week, as Rural News went to press, there was still no deal. However, O'Connor is hopeful of a deal and said that negotiations were "continuing" toward reaching an agreement in principle.
"However, as we have always said, we need that agreement to be commercially meaningful for our exporters."
O'Connor says NZ remains committed to negotiating a high quality, comprehensive and inclusive FTA with the UK.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
Holstein Friesian excellence was front and centre at the 2025 Holstein Friesian NZ (HFNZ) Awards, held recently in Invercargill.
The work Fonterra has done with Ballance Agri-Nutrients Ltd, LIC and Ravensdown to save farmers time through better data connections has been recognised with a national award.
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