David Mundell on ‘new opportunities’ for Scots in New Zealand
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Under the new trade deal, tariffs on exports between Britain and Wellington will be cut. Dairy products and red meat will be easier to import to the UK from New Zealand as a result of the deal. The deal comes after 16 months of negotiations.
Prime Minister Boris Johnson said: “This is a great trade deal for the United Kingdom, cementing our long friendship with New Zealand and furthering our ties with the Indo-Pacific.
“It will benefit businesses and consumers across the country, cutting costs for exporters and opening up access for our workers.
“This is a fantastic week for Global Britain.
“On Tuesday, we raised almost £10 billion in investment for the industries of the future, and this new deal will help drive green growth here and on the other side of the world in New Zealand.”
However, the Scottish government has said it would not offset the effects of Brexit.
A Scottish Government spokesman said: “Any deal with New Zealand will not remotely offset the damage to our economy caused by Brexit.
“Even the UK Government’s own scoping assessment published last year said a deal with New Zealand would result in zero increase in GDP and that the agriculture and semi-processed food sectors would be likely to lose out.
“Aside from the economic arguments of seeking new deals with markets thousands of miles away while putting up barriers to trade with our European neighbours, the climate change implications of long-distance trade must also be considered.”
The Scottish government said it was not consulted on the trade deal with New Zealand and claimed the devolved governments should be part of any future discussions.
They continued: “The recent AIP with Australia has caused great concern among Scotland’s farmers and crofters and we said at the time this would set a precedent for New Zealand and called on the UK Government to protect Scotland’s food producers.
“Nevertheless, it has committed to remove tariffs on meat and dairy products from New Zealand and it must now bring forward proposals to protect these sectors in Scotland and mitigate the cumulative impacts of the deals.”
However, the Scottish secretary said the agreement will provide new opportunities for Scotland’s whisky, food and financial services industries.
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Scottish Secretary Alister Jack said: “This modern and progressive trade deal with New Zealand is hugely exciting for Scotland and the whole of the UK.
“Our thriving financial services sector, whisky and food producers are set to receive a boost, while our auto-industry will benefit from the removal of tariffs of between 5% and 10% on vehicles.
“As well as bringing new opportunities to Scottish farmers who produce globally sought after produce, the deal also lays the foundations for access to the fast-growing Asian market through accession to CPTPP – a huge free trade area of 11 Pacific nations with a GDP of £9 trillion in 2019.
“I know our New Zealand trade envoy, David Mundell, will be banging the drum for Scottish exports as this great deal takes effect.”
The new UK trade envoy to New Zealand, Mr Mundell, explained Britain’s free trade deal with New Zealand will be a major boost for British farming.
He explained that it will spark job opportunities for Britons in New Zealand.
Speaking to Express.co.uk, Mr Mundell said: “If back in the UK you work for a firm that is specialist in agritech that would be helpful in terms of jobs
“In terms of businesses that are making the most of the opportunities set out.
“Ultimately, it’s what this is about. Jobs here in the UK.
“I hope people will see those opportunities come along.”
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