New Zealand meat and dairy industry disappointed with EU deal

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Under the FTA, New Zealand export revenue to the EU is estimated to grow by up to $1.1bn annually by 2035

ew Zealand meat and dairy exporters have expressed disappointment with the free-trade agreement Prime Minister Jacinda Ardern has secured with the EU.

“It’s a strategically important and economically beneficial deal that comes at a crucial time in our export-led Covid-19 recovery,” Ardern said. “It delivers tangible gains for exporters into a restrictive agricultural market.” The kiwifruit, wine, mānuka honey and seafood industries appear to be winners, with immediate tariff elimination for those goods.

O’Connor said the government “fought hard for our dairy and beef exporters” and the deal could deliver them up to NZ$600m in additional, annual export revenue once the agreement is fully in effect.

 

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