Focus on Politics

EU-NZ trade agreement 'by no means a done deal'


Listen Later

In today's Focus on Politics, Political Reporter Katie Scotcher looks back on a trade deal both sides found fault with, and ahead to the challenges it still faces.

"It is by no means a done deal ... there's going to be a huge diplomatic effort to push this across the line," - NZ's chief EU trade negotiator Vangelis Vitalis

Prime Minister Jacinda Ardern in July announced a finalised European Union (EU) trade deal but, after 14 years of lobbying and negotiations, insiders warn more effort will be needed to get it across the line.

Listen to the full podcast here

Prime Minister Jacinda Ardern and European Commission President Ursula von der Leyen.

Once signed, the agreement would remove tariffs on 91 percent of goods sent to the EU - New Zealand's fourth-largest export market - including kiwifruit, wine, onions, mānuka honey and seafood - increasing to 97 percent within seven years.

The government touted the agreement as a big political win, but while it meant big wins for argiculture and horticulture groups, other primary producers were not happy.

It would deliver up to $120 million worth of new annual export revenue for New Zealand's red meat and dairy sectors from day one, rising to $600m within seven years, but the Meat Industry Association said that amounted to just 0.1 percent of EU consumption in a potential market of nearly 500 million people.

New Zealand dairy farmers and cheese producers were also frustrated: The deal would see New Zealand producers of feta-style cheese forced to change the name within nine years. The rule will also apply to new producers of parmesan and gruyere cheeses, though producers already using those names could continue doing so.

Such "Geographical Indicators" are product names denoting a particular geographical location's quality, reputation or special characteristics, and something the EU was never likely to back down on.

But European farmers were not happy either - Copa Cogeca represents European farmers and its secretary general Pekka Pesonen said New Zealand had very little to offer the bloc which New Zealand already counts as its biggest import partner.

He said they could consider opposing the deal, but would want to see how import quotas would be managed and how they would work.

"We have, undoubtedly, some sectors where we have a major problem with the proposal or the outcome of the negotiations ... very much focused on dairy, sheep and beef."

Read more:

Visual artists to get resale royalties by 2025 - Ministers

The Detail: Getting EU trade deal across the line

It was now or never for NZ-EU trade deal, negotiator says…

Go to this episode on rnz.co.nz for more details

...more
View all episodesView all episodes
Download on the App Store

Focus on PoliticsBy RNZ

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

9 ratings


More shows like Focus on Politics

View all
Global News Podcast by BBC World Service

Global News Podcast

7,913 Listeners

Economist Podcasts by The Economist

Economist Podcasts

4,225 Listeners

The Political Scene | The New Yorker by The New Yorker

The Political Scene | The New Yorker

4,113 Listeners

Business News by RNZ

Business News

7 Listeners

The Audio Long Read by The Guardian

The Audio Long Read

841 Listeners

Parliament - Live Stream and Question Time by RNZ

Parliament - Live Stream and Question Time

3 Listeners

Pacific Waves by RNZ

Pacific Waves

12 Listeners

Gone By Lunchtime by The Spinoff

Gone By Lunchtime

22 Listeners

Tagata o te Moana by RNZ

Tagata o te Moana

1 Listeners

The House by RNZ

The House

1 Listeners

The Front Page by NZ Herald

The Front Page

15 Listeners

Rural News by RNZ

Rural News

1 Listeners

The Detail by RNZ

The Detail

55 Listeners

The Rest Is History by Goalhanger

The Rest Is History

15,506 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

16,525 Listeners

News in Pacific Languages by RNZ

News in Pacific Languages

1 Listeners

World & Pacific News by RNZ

World & Pacific News

0 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,858 Listeners

The Rest Is Politics: Leading by Goalhanger

The Rest Is Politics: Leading

851 Listeners

The Rest Is Politics: US by Goalhanger

The Rest Is Politics: US

2,536 Listeners

RNZ News by RNZ

RNZ News

7 Listeners

30 with Guyon Espiner by RNZ

30 with Guyon Espiner

5 Listeners

ICYMI by RNZ

ICYMI

0 Listeners