30 October 2015
Red Meat Sector welcomes decision to negotiate an EU-NZ Free Trade Agreement
Beef + Lamb New Zealand (B+LNZ) and the Meat Industry Association (MIA) are delighted that the European Union and New
Zealand are set to progress negotiations for a Free Trade Agreement, as announced by Prime Minister John Key in
Brussels.
The European Union (EU) is a very significant export market for New Zealand red meat products, worth nearly NZ$1.9
billion for the year ended December 2014. The EU is New Zealand’s largest market by region for sheepmeat exports, and
second-largest for chilled beef and wool exports.
Beef + Lamb New Zealand Chairman James Parsons said New Zealand still faces a range of significant tariff and non-tariff
barriers in this market. New Zealand pays around $70 million in tariffs per year on its red meat exports to the EU.
“In addition, many of our competitors in this market have already reached free trade agreements with the EU, such as
Canada, or are already in the process of negotiating, such as the United States. New Zealand is one of only six World
Trade Organisation (WTO) member countries that had yet to enter into trade negotiations with the EU”.
“This is an exciting opportunity to explore an ambitious, high quality agreement with an important market for our sheep
and beef exports. An EU FTA has the potential to ensure New Zealand’s competitiveness with other red meat exporters to
this market,” Parsons said
Meat Industry Association Chairman Bill Falconer said New Zealand has a long established relationship with the European
red meat sector, and New Zealand product complements seasonal production patterns in Europe to provide consumers’ with
high-quality, safe meat products all year round.
“Securing an FTA with the European Union is the logical next step in strengthening our trade relationship. It will not
only create a more formal trade framework but will also support greater participation in global value chains by both
sides” said Falconer.
“We look forward to working together with the New Zealand government and European organizations to generate new
opportunities for the agriculture and food sectors under an EU NZ FTA,” Falconer said.