1 Jul 2022

Dairy sector reaction to EU Free Trade Agreement

From Morning Report, 6:08 am on 1 July 2022

It's a deal four years in the making. New Zealand has secured a long-awaited free trade deal with the European Union.

Prime Minister Jacinda Ardern and European Commission President Ursula Von Der Leyen made the announcement in Brussels overnight. I

t's estimated the trade deal will boost Kiwi exporter's revenue by almost $2-billion every year by the time it's fully implemented.

But some New Zealand exporters have already expressed their disappointment with the deal.

The chief executive of the Meat Industry Association Sirma Karapeeva said it failed to give exporters commercially meaningful access to the European market.

The Dairy Companies Association of New Zealand's chairman Malcolm Bailey spoke to Corin Dann.