UK-NZ FTA brings ‘exciting opportunities’ for NZ beef

Under the FTA, the UK, which is New Zealand’s seventh largest trading partner, will remove tariffs on 97% of imported products and stage the removal of tariffs on beef and sheep meat imports, with no duties at all from the 16th year (2038).

The Alliance Group is one of the largest exporters of red meat from New Zealand, producing free range and grass-fed beef, lamb and venison on their family farms. Red meat is popular in the UK, with the beef and veal category spend worth £2.37billion.

Helen Scott, regional general manager at the Alliance Group, said: “The FTA is a significant step forward in opening the door for New Zealand farmers and provides an opportunity to grow, invest and diversify. Early figures show that UK imports from New Zealand are projected to grow by £1billion.