New Zealand red meat sector welcomes Chinese Taipei’s CPTPP membership application

24 September 2021 New Zealand red meat sector welcomes Chinese Taipei’s CPTPP membership application The Meat Industry Association (MIA) and Beef + Lamb NZ (B+LNZ) welcome Chinese Taipei’s formal application to join the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP). Sam McIvor, chief executive of Beef + Lamb NZ said the CPTPP was founded with a vision for regional agreement that provided for the accession of new members. Chinese Taipei’s application demonstrates the value of the agreement and its relevance to economies in the Asia-Pacific region. “Chinese Taipei has been a longstanding and valuable market for New Zealand red meat products. Trade with Chinese Taipei was worth over $314 million in 2020, with trade in beef products worth over $170 million alone. This means that trade has almost doubled since the signing of the Agreement between New Zealand and the Separate Customs Territory of Taiwan, Penghu, Kinmen, and Matsu on Economic ...