Agricultural subsidies by OECD members and major emerging economies have reached the level of USD 851 billion a year. They are not only financially wasteful, they are distorting global trade and impacting negatively on the environment. Some new research casts light on this perennial problem for NZ dairy trade. We need some creative thinking to level the playing field. NZIBF Executive Director Stephen Jacobi writes a blog for TradeWorks.
Lectus magna fringilla urna porttitor rhoncus
![vadim-sherbakov-RcdV8rnXSeE-unsplash](https://www.tradeworks.org.nz/wp-content/uploads/2020/05/vadim-sherbakov-RcdV8rnXSeE-unsplash.jpg)
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Diam volutpat commodo sed egestas egestas fringilla phasellus faucibus scelerisque. Imperdiet nulla malesuada pellentesque elit eget gravida cum. At consectetur lorem donec massa sapien. Tellus pellentesque eu tincidunt tortor aliquam.
Lectus magna fringilla urna porttitor rhoncus. Congue eu consequat ac felis donec et odio pellentesque. Urna id volutpat lacus laoreet non curabitur. Lorem ipsum dolor sit amet consectetur adipiscing elit.
Risus quis varius quam quisque id diam vel. Consectetur a erat nam at lectus urna duis. Habitasse platea dictumst quisque sagittis purus. Porttitor eget dolor morbi non arcu risus quis. Egestas pretium aenean pharetra magna ac. Ultrices neque ornare aenean euismod. Aliquam faucibus purus in massa tempor nec feugiat.
Cras tincidunt lobortis feugiat vivamus at. Fringilla est ullamcorper eget nulla. Odio pellentesque diam volutpat commodo sed egestas egestas. Vehicula ipsum a arcu cursus. Nulla at volutpat diam ut venenatis tellus in. Sit amet est placerat in egestas erat imperdiet sed euismod.
Justo eget magna fermentum iaculis eu non diam. Nec ultrices dui sapien eget mi. Sed viverra ipsum nunc aliquet bibendum. Maecenas sed enim ut sem viverra aliquet eget sit. Imperdiet massa tincidunt nunc pulvinar sapien et ligula ullamcorper malesuada. Non pulvinar neque laoreet suspendisse.
REGISTER WITH TRADE WORKS
Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.
Latest News
SPOTLIGHT ON SUBSIDIES
With much of the world turning inwards and the World Trade Organisation (WTO) in a parlous state, it could be tempting to relax New Zealand’s long-term struggle to rid the world of trade-distorting, environmentally harmful and financially wasteful subsidies. Not...
Address to NZ Apples and Pears Inc Conference, 30 July
GEO-POLITICAL, TRADE AND CONSUMER UPDATE Stephen Jacobi, Executive Director, NZ International Business Forum Introduction Thanks to the team at NZ Apples and Pears for the invitation to be with you today. I’m here to talk about the bigger picture against which your...
NON TARIFF BARRIERS – “YOU ARE NOT ALONE”
Non- tariff barriers (NTBS) have a pernicious effect on trade. Sometimes it seems that just as tariffs go down, an NTB springs up! They can be hard to identify and even harder to address. The red meat industry, New Zealand’s second largest export...
INTERNATIONAL TREATY EXAMINATION OF THE AGREEMENT ON THE INDO-PACIFIC ECONOMIC FRAMEWORK FOR PROSPERITY
SUBMISSION TO THE FOREIGN AFFAIRS, DEFENCE AND TRADE SELECT COMMITTEE - JULY 2024 Introduction This submission is made on behalf of the New Zealand International Business Forum (NZIBF) and ExportNZ. NZIBF, whose members are listed at Annex A,[1] is a forum of...
Sourcing from the world’s factory – new research report into imports from China
There are very few strategic risks to New Zealand from our current levels of exposure to imports from China, concludes a new report from the New Zealand China Council, co-sponsored by NZIBF. Even if we were to diversify our sources, China is now so...
ADDRESS TO THE 54TH ONE STOP UPDATE FOR THE ACCOUNTANT IN BUSINESS – GLOBAL ECONOMIC UPDATE
AUCKLAND, WELLINGTON, CHRISTCHURCH, MAY 2024 STEPHEN JACOBI, EXECUTIVE DIRECTOR - NZ INTERNATIONAL BUSINESS FORUM Introduction Thanks once again to Brightstar for the opportunity to address you today. I’m sorry I can’t be with you in person as I am travelling...
APEC Ministers Responsible for Trade Joint Statement 2024
2024 APEC Ministers Responsible for Trade Joint Statement Arequipa, Peru | 18 May 2024 We, the Asia-Pacific Economic Cooperation (APEC) Ministers Responsible for Trade (MRT), met in Arequipa, Peru on 17-18 May 2024, chaired by Peru’s Minister of Foreign Trade and...
Business Forum welcomes UAE FTA negotiations
Media release, 7 May 2024 The NZ International Business Forum (NZIBF) welcomes the start of formal negotiations on the New Zealand/UAE Closer Economic Partnership Agreement (CEPA) and looks forward to steady progress that will lead to the securing of a comprehensive...
Doubling our exports with zeroes…and ones!
The development of written language in the ancient world didn’t start with great poetry or literary epics. The catalyst for writing was the need to record the transfer of the ownership of goods from one person to another. Scribes did this by marking tablets of clay...
Asia-Pacific business leaders rally for robust global trade amidst rising protectionism
APEC NEWS RELEASE Issued by The APEC Business Advisory Council (ABAC) - April 2024 This week in Hong Kong, China, the APEC Business Advisory Council (ABAC) voiced serious concerns regarding the global shift towards protectionism and regional fragmentation, risking...
SUBMISSION TO THE MINISTRY OF FOREIGN AFFAIRS AND TRADE – APRIL 2024
NEW ZEALAND-UAE COMPREHENSIVE ECONOMIC PARTNERSHIP AGREEMENT NEGOTIATIONS This submission is made on behalf of the New Zealand International Business Forum (NZIBF), whose members are listed at Annex A[1]. NZIBF is a forum of senior business leaders working together...
NEW TEAM FOR AUSTRALIA NEW ZEALAND LEADERSHIP FORUM
Media release, 2 April 2024 The New Zealand Co-Chair of the Australia New Zealand Leadership Forum (ANZLF), Greg Lowe, welcomes the appointment of Stephen Jacobi and Simon Le Quesne to the New Zealand arm of the ANZLF Secretariat. The ANZLF brings business leaders,...
NZ/EU FTA A BONUS FOR SOME SECTORS – BUSINESS FORUM
Media release, 22 March 2024 The NZ International Business Forum (NZIBF) acknowledges the passage of the implementing legislation for the New Zealand/European Union Free Trade Agreement and looks forward to the FTA’s entry into force on 1 May. “This agreement was...
“MEAGRE OUTCOME” FROM WTO IN ABU DHABI – BUSINESS FORUM
Media release, 2 March 2024 Despite its overwhelming importance at the heart of the international trade system, members of the World Trade Organisation (WTO) have concluded their Ministerial in Abu Dhabi (“MC13”) with only a meagre outcome. NZ International Business...
To go or woe with the WTO?
We’ve been here before with the World Trade Organisation (WTO). The global trade body’s 13th Ministerial meeting (“MC13”) opens in Abu Dhabi on Monday 26 February, with Trade Minister McClay serving as Vice-Chair. In recent weeks diplomats, trade...