In the very unlikely event that all will be smooth sailing in negotiating access to Europe for agricultural products from this part of the world, the EU/NZ negotiations could be wrapped up in about two years – which is relatively fast when it comes to these kind of deals. At best then, we won’t see any concrete benefits until half way through the next term of government.
There is however, a far more pressing trade problem facing this country, and Europe (via Malmstrom) is right at the centre of it. This involves the fate of our – and Europe’s – booming trade with Iran, which has been targeted with sweeping punitive sanctions by US President Donald Trump, and these are due to take effect on November 4. More>>