What will the UK-NZ trade deal mean for the UK beef and dairy sector?

게시됨 2021년 10월 25일

Tridge 요약

The UK and New Zealand have reached an agreement in principle for a future trade deal, aiming to remove tariffs and simplify trade processes between the two countries. This deal could potentially increase the access of New Zealand's agricultural products, including beef and dairy, into the UK market. However, this has raised concerns among UK farmers, who fear being undercut by cheaper imports. The agreement is expected to start with quotas limiting imports, which will gradually increase over time. Despite the concerns, it is anticipated that the deal will have a minimal impact on the UK's GDP. This trade deal could also be seen as a stepping stone towards the UK's potential entry into the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), a trade bloc consisting of 11 Pacific Rim countries.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

The UK and New Zealand recently announced an "agreement in principle" for a future trade deal, but UK cattle farmers fear that they could be undercut by food imports. On 21 October the Department for International Trade announced the Prime Minister had sealed a “ground-breaking” deal with New Zealand which it says will give a “boost to British exporters and small businesses as both countries ditch tariffs and cut red tape.” While full details are yet to be agreed, it is understood that the deal would remove all import tariffs on New Zealand’s agricultural goods, allowing New Zealand producers much greater access to sell their products into UK markets. Analysis from the AHDB's strategic insight specialist David Swales shines a light on New Zealand's agricultural production and trade and outlines the potential implications for Britain's beef and dairy producers. New Zealand produces around 680,000 tonnes (2017-19 average carcase weight equivalent) of beef compared to 906,000 tonnes ...

출처: The Cattle Site