NZIBF 2021 Chair Report

We look forward to continuing to maximise opportunities for nurturing and growing New Zealand business’ integration in global markets.

read more

NZ’s Trade Leadership Vital, Say Major Food Exporters

by | May 13, 2020 | Media Releases | 0 comments

Media release, 13 May 2020

Maintaining critical trading relationships and opening and strengthening markets must remain top of mind issues as New Zealand confronts the Covid-19 crisis, major food exporters have advised the Government.

In a letter to Prime Minister Jacinda Ardern and her Ministers, eleven trade organisations representing the largest part of New Zealand’s food export effort have outlined their support for the Government’s continuing trade push.

Speaking on behalf of the group, Malcolm Bailey, Chair of the NZ International Business Forum (NZIBF) said there was growing concern that some countries were resorting to ‘beggar thy neighbour’ policies such as imposing export restrictions on food as well as medical products.

“These measures have been proven to be short-sighted and counterproductive, as they distort efficient markets and disincentivise investment in production and innovation. They also threaten food security and increase market volatility. As food producers and exporters, we are also very concerned to see major food producing countries increasing subsidies, price interventions and other measures that will inevitably exacerbate the effect of the crisis on others, and hamper recovery”.

Mr Bailey said international trade, underpinned by World Trade Organisation (WTO) rules, would have a vital role in the world-wide economic recovery from Covid-19 and providing food security, especially for the world’s most vulnerable people.

Mr Bailey praised the Government’s efforts in addressing the current health crisis “which will have enhanced New Zealand’s credibility and reputation as a trustworthy member of the global community, and as a trusted provider of safe, nutritious and sustainable food”.

“We already have a high standing on global trade issues through our trade policies and our international leadership over many decades. We believe New Zealand is well-placed to show leadership in upholding the rules-based trading system and starting a serious global conversation on tackling the trade distortions and discriminatory policies that stand in the way of food security, global recovery and future prosperity”.

Mr Bailey urged governments to resist any fleeting attraction to intervene in food trade in the current crisis, with distorting barriers and subsidies, which would damaging to the subsequent world economic recovery.

“The lesson from previous global recessions is that recovery of the world economy will require trade to expand again and that international cooperation on trade policy will be vital. All New Zealand’s trade relationships are of value in this critical time and as major food producers and exporters we stand ready to work with the Government to demonstrate New Zealand’s trade leadership” concluded Mr Bailey.

Note to editors: Signatories to the letter to Ministers include: Beef + Lamb New Zealand (B+LNZ), Dairy Companies Association of New Zealand (DCANZ), Export NZ, Federated Farmers, Meat Industry Association (MIA) , NZ Apples and Pears, NZ Food and Grocery Council, NZ International Business Forum (NZIBF), NZ Winegrowers, Seafood NZ and Zespri. A copy of the letter is attached.

For further information
Malcolm Bailey, Chair NZIBF/DCANZ, 021 741 165 Stephen Jacobi, Executive Director, NZIBF, 029 472 5502

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

REGISTER WITH TRADE WORKS

Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.

 

Remove

 

Latest News

NZIBF 2021 Chair Report

The NZIBF Board meets with Indian High Commissioner H E Muktesh Paredeshi at its last meeting for 2021.ANNUAL GENERAL MEETING 15 DECEMBER 2021 CHAIR’S REPORT I am pleased to present my first report on the activities and achievements of the NZ International Business...

Let’s try that again: Happy new year!

In another year of disruption and loss there have been some surprising wins for trade. The kindest thing that could be said about 2021 is that things didn’t quite work out as planned.  We did not defeat the pandemic and lives and livelihoods continued to be lost....

A little breathing room at the WTO

A little breathing room at the WTO The emergence of Omicron has meant that the WTO Ministerial Conference has been put on hold – leaving in limbo key decisions about pandemic trade responses and fish subsidies (not to mention agriculture).   But there is some good...

Five Minutes to MC12

In a fortnight’s time, Ministers from the 164 members of the World Trade Organisation will gather for the Twelfth Ministerial Conference (“MC12”) in Geneva. The pandemic, fish subsidies and agriculture will headline the agenda, but meaningful outcomes are far from a...

APEC Economic Leaders’ Declaration

We, the Economic Leaders of APEC met on 12 November 2021. The COVID-19 pandemic continues to take lives and impact livelihoods. The evolving nature of the COVID-19 pandemic and its variants will create ongoing uncertainty and an uneven economic recovery across the...

Press release from ABAC IV meeting, 10 November 2021

Business to APEC Leaders: work together to address pandemic recovery, trade, climate, inequality Wellington, New Zealand, 10 November 2021 - Business leaders from the APEC Business Advisory Council (ABAC), meeting virtually ahead of the annual APEC Economic Leaders’...

APEC 21 – BEATING COVID ONE ZOOM AT A TIME

The ABAC NZ TeamThe APEC Business Advisory Council (ABAC) is preparing to discuss its Annual Report with APEC Economic Leaders. Nothing like a pandemic to upset lives and livelihoods, and also disrupt this year’s hosting of APEC by New Zealand.  Gone is the “barbecue...

Britain here we come!

We are excited about the Agreement in Principle (AiP) on a future free trade agreement with the United Kingdom! Some 139 years after the first refrigerated vessel left for the “mother country” and 48 years since Britain cast its lot with a united Europe, New Zealand...