Showing posts with label Kevin Rudd. Show all posts
Showing posts with label Kevin Rudd. Show all posts

Monday, August 19, 2013

Aussies Horn in on Fonterra's Turf

Seeing an opportunity to capitalize on the Fonterra baby milk scandal, Australian dairy farmers are pressuring the government to finalize a free trade agreement with China.   While China has banned imports of dairy products from New Zealand, exports from Australia remain unaffected.
'It is a real opportunity for us because … close to 50 per cent of the dairy products that go into China are from New Zealand, whereas we've only got about 5 per cent, so we have got 10 per cent of what they send in,'' he said.

Despite a China-friendly Prime Minister in Kevin Rudd, FTA negotiations with China have been going on for an epic 8 years, and, according to a statement from Trade Minister Richard Marles, talks are due to be accelerated.



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