Ireland New Zealand Trade Agreement

Under the agreement, the EU will put on the market 99,000 tonnes of Mercosur beef, with a customs duty of 7.5%. This represents only 1.2% of total European beef consumption (eight million tonnes per year) and it will take five years to reach this amount. The European Commission is working to help traders seize the great opportunities offered by trade agreements by providing clear information on instruments such as the EU Market Access Database and Trade Helpdesk. Canada is Ireland`s 7th largest trading partner outside the EU, with a positive trade surplus of €726 million for goods and services. CETA is already helping Irish companies such as the Chapel Gate Irish Whiskey Company in Co Clare and the Shed Distillery in Co Leitrim to open up new markets for their products. Trade prospects in Singapore are better, with geographical indications (which protect the EU`s single food market position) being the only outstanding issue in trade negotiations with the Southeast Asian city-state. Like all EU free trade agreements, the EU-Mercosur agreement is based on the premise that trade must not be at the expense of the environment or working conditions. Ireland has a €1 billion trade surplus with Mercosur, with 269 Irish companies exporting €1.7 billion in goods and services and posting €700,000 in imports. Between Ireland and Thailand, the trade balance of Irish agricultural and food exports to Thailand amounted to €23 million in 2017, compared to €54 million for Thai imports. The bulk of our exports (€15.m) come from the dairy sector, which increased by €8..8m compared to 2016.

The next round of trade negotiations between the EU and Mercosur will take place in May or June, but no significant progress is expected in the absence of a credible offer of access to the dairy market, said Alison Graham, executive european Affairs at ICOS, who recently participated in DG AGRI`s European Commission Civil Dialogue Group on international aspects of agriculture. There was no result in the agricultural act on mc11 or agreement on a future work programme. Free trade agreements are very important for Ireland, given our status as a small open economy. In the past, negotiations on access to new markets have been an important driver of economic development, particularly in the agri-food sector. This will always be the case and will be essential to achieve the goals set out in the “Food Wise 2025” strategy. Ireland`s approach to negotiating free trade agreements is therefore marked by the need to make progress in areas where we have offensive interests and to firmly defend areas where threats may arise. We are therefore taking a pragmatic and balanced approach to free trade agreements, which is consistent with the government`s general policy. How the Irish dairy industry would be affected by a trade deal is an understandable concern for farmers, given that the fourth round of trade negotiations will take place in Wellington, New Zealand, in mid-May, following the exchange in February of market access offers for all non-sensitive sectors (including milk, beef and veal and sheepmeat).

Eu free trade agreements (FTAs) deliver real economic results for consumers, workers and small businesses, without compromising on fundamental principles such as human rights and sustainable development. Ireland has an overwhelming trade balance with Singapore, with exports of €30 million in 2017, compared to the €3 million .8m for imports from Singapore. The vast majority of Irish exports consist of €18 million in dairy products and €6 million in beverages. . . .