NZ and China Strengthen Agricultural and Food Trade Ties with New Agreements

Minister Hoggard welcomed the signing of a new cooperation arrangement for infant formula between China and New Zealand.


Devdiscourse News Desk | Wellington | Updated: 13-06-2024 14:21 IST | Created: 13-06-2024 14:21 IST
NZ and China Strengthen Agricultural and Food Trade Ties with New Agreements
China's exports Image Credit:
  • Country:
  • New Zealand

Trade and Agriculture Minister Todd McClay and Food Safety Minister Andrew Hoggard have announced new agreements aimed at boosting agricultural and food trade between New Zealand and China.

A series of documents were signed today at Government House, enhancing the business environment between the two nations and reducing trade barriers, particularly in the sectors of infant formula and kiwiberries.

“The New Zealand-China trading relationship is significant, worth over $38 billion in two-way trade and accounting for nearly 22 per cent of our goods exports,” said Mr. McClay.

Infant Formula Cooperation Arrangement

Minister Hoggard welcomed the signing of a new cooperation arrangement for infant formula between China and New Zealand.

“The new infant formula cooperation arrangement demonstrates the strong relationship shared by China and New Zealand,” Mr. Hoggard remarked. “It will enable infant formula experts in both countries to undertake an active exchange programme to share expertise, knowledge, and experience, thereby strengthening trade ties.”

China is a crucial market for New Zealand's infant formula, with exports exceeding $1 billion in the year to 30 June 2023.

An essential part of the new arrangement involves supporting audits of New Zealand infant formula manufacturing premises. “This cooperation will enable the Ministry for Primary Industries (MPI) to assist Chinese authorities with audits of New Zealand infant formula manufacturers,” Mr. Hoggard explained. “This is a strong demonstration of the trust and confidence China has in New Zealand’s infant formula and food safety systems.”

Finalisation of Kiwiberry Export Plan

Minister McClay announced the finalisation of a new kiwiberry export plan, allowing New Zealand to resume exports of this high-value fruit to China.

“The new kiwiberry export plan is an important step forward for our growers and will enable Chinese consumers to again enjoy our high-quality kiwiberry,” said Mr. McClay. “The new export plan will provide certainty and a lucrative revenue stream for our kiwiberry growers.”

These agreements mark a significant enhancement in New Zealand-China trade relations, providing new opportunities and reinforcing the strong economic ties between the two countries.

Give Feedback