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Trump's Iran threat 'pretty concerning' for NZ exporters

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Trump's Iran threat 'pretty concerning' for NZ exporters

New Zealand exporters which sent $120m of goods to Iran last year may be affected by US president Donald Trump's threat to sanction countries who trade with the Middle Eastern nation.

Mr Trump  announced yesterday that the US withdrawal from the nuclear deal with Iran and that it would re-impose sanctions against the Middle-Eastern nation.  New Zealand exported $120 million of goods to Iran last year, with dairy products making up three-quarters of that. Imports totalled $6.8 million, with dates contributing over half.  Mr Trump threatened to impose sanctions on countries who traded with Iran and Export NZ executive director Catherine Beard said that created uncertainty.

 

Continue to the full release  ||  May 10, 2018   |||

 

 

 

Published in TRADE
Tagged under
  • trade talk
  • Export
  • world
  • the factoryfloor newsreel

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