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Saturday, 13 August 2022 08:50
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NZ facing worst rise in trade protectionism in a generation

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The man who led the New Zealand team in key global trade negotiations says the world is seeing the worst rise in trade protectionism in 23 years.

Vangelis Vitalis, from the Ministry of Foreign Affairs and Trade, spoke to RNZ at a conference of the meat industry in Napier.

He said years of eased trade rules were in danger of being reversed, and this must be dealt with.

"We have seen 400 new protectionist measures to May have been put in place.

"We know that non-tariff barriers cost the wider agricultural sector of New Zealand up to $6 billion a year in restricted access. These have a profound impact. . . .

  • Source/ReadMore: A RadioNZ release
Published in TRADE
Tagged under
  • Trade
  • news talk

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