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.
Fonterra has unveiled the first refrigerated electric truck to deliver dairy products across Auckland.
Research and healthcare initiatives, leadership and dedication to the sector have been recognised in the 2025 Horticulture Industry Awards.
Virtual fencing and pasture management company Halter says its NZ operations has delivered a profit of $2.8 million after exclusion of notional items.
Manuka honey trader Comvita slumped to a $104 million net loss last financial year, reflecting prolonged market disruption, oversupply and pricing volatility.
The Government has struck a deal with New Zealand's poultry industry, agreeing how they will jointly prepare for and respond to exotic poultry diseases, including any possible outbreak of high pathogenicity avian influenza (HPAI).
The conversion of productive farmland into trees has pretty much annihilated the wool industry.