16 C
Auckland
Saturday, April 27, 2024

Popular Now

‘Trade access to overseas markets creates jobs’ – McClay

Overseas trade news

Minister of Agriculture and Trade, Todd McClay, says that today’s opening of Riverland Foods manufacturing plant in Christchurch is a great example of how trade access to overseas markets creates jobs in New Zealand.

Speaking at the official opening of this state-of-the-art pet food factory the Minister noted that exports are responsible for one-in-four jobs with rural New Zealand making up 80 per cent of New Zealand’s goods exports.

Riverland’s Christchurch factory is their first in the Asia Pacific region and uses innovative new technology to produce high value wet canned petfood. 98 per cent of its products are proposed to be exported, with a projected export value of over $120 million per year. This facility is expected to be the largest export cannery for pet food in New Zealand.

“It is great to see investment in value-added processing that supports the creation of jobs, diversifies the economy, and increases returns to primary producers,” Mr McClay says.

“Ventures like Riverland’s will boost value-added exports and support the Coalition Government’s target of doubling exports by value over 10 years.

The global pet food sector is experiencing rapid growth with an expected value of $500 billion by 2030, thanks to increasing global pet ownership and a demand for premium, natural products. New Zealand’s reputation for production high quality safe food means that we are well placed to take advantage of this.

“The Coalition Government is committed to helping business utilise New Zealand’s high-quality production standards to achieve success across global markets,” Mr McClay says.

Image credit: Shaah Shahidh

Promoted Content

No login required to comment. Name, email and web site fields are optional. Please keep comments respectful, civil and constructive. Moderation times can vary from a few minutes to a few hours. Comments may also be scanned periodically by Artificial Intelligence to eliminate trolls and spam.

3 COMMENTS

  1. For this aspects of Free Trade to continue during the time of a World War, New Zealand needs to declare itself as a Nation of Armed Neutrality!
    Trade would continue despite any World War…but the politicians refuse to abandon the Kabal and institute Armed Neutrality.
    The University studies confirm this aspect of sovereignty, but Rand Corporation (the latter is NOT to be trusted) argues against it due to the exception(s) to the enforced and manipulated Global Economy…

  2. Trade is a double edged sword. It can see jobs outsourced overseas and local product pushed aside by cheaper imports. Much of the so called trade deals like the TPPA, really only serve the interests of globalist multi nationals at the expense of local businesses, the environment and people.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest

Trending

Sport

Daily Life

Opinion

Wellington
clear sky
12.5 ° C
13.8 °
11.6 °
66 %
5.7kmh
1 %
Sat
13 °
Sun
15 °
Mon
15 °
Tue
15 °
Wed
13 °
-- Free Ads --spot_img