How can the UK breach a legally binding agreement under the WTO is the question Beef + Lamb NZ Chairman, James Parsons, is asking?
James spoke to the Rural Exchange team about the concerns that the UK will pull pin on their trade quota commitments post-Brexit.
He says given the importance of the European Union and United Kingdom for New Zealand’s sheep and beef exports, stability and certainty is vital. And New Zealand may take action against the UK to the WTO to rule against their decision.
We currently pay $70million in tariffs alone on beef into Japan and so James explains how crucial the TPP11 negotiations are to New Zealand’s export value.
Beef + Lamb NZ also believe the cull of the Mycoplasma Bovis infected cattle is the appropriate measure and hindsight is an ‘exact science’. He believes if we knew what we do now, we would have moved faster.
Rural Exchange with Hamish McKay, Sarah Perriam and Richard Loe, 5-7am Weekends on RadioLIVE.