Articles tagged with Quota
Fisheries Reform: New Deemed Value Rules to Reflect Actual Fish Market Value
1 month ago | 383 viewsOceans and Fisheries Minister Shane Jones announced changes to the deemed value system for fish caught outside commercial quotas, allowing fees to better reflect the actual market value based on how fish are landed, such as fresh versus frozen. The amendment aims to address financial disadvantages faced by fishers using deepwater freezer vessels who currently pay deemed values based on higher fresh fish prices, by enabling alternative rates for inshore stocks caught as bycatch. Additionally, the proposal to allow commercial fishers to land and sell marlin bycatch has been rejected, with the Fisheries Act Amendment Bill set for introduction in early 2026 and public consultation to follow.
Tags: Shane Jones Fisheries Act Amendment Bill commercial fishers deemed value quota management system inshore stocks deepwater freezer vessels marlin bycatch fisheries reforms Oceans and Fisheries MinisterChina Sets Beef Import Quotas Impacting New Zealand Exports From 2026
1 month ago | 419 viewsChina has announced beef import quotas effective from January 2026 for three years, including an annual duty-free quota for New Zealand starting at 206,000 tonnes, which exceeds New Zealand’s recent export volumes. New Zealand’s Trade Minister Todd McClay emphasized that the quota reflects strong bilateral engagement and ensures minimal disruption to exports under the China-New Zealand Free Trade Agreement. Despite the new restrictions, China remains a key market for New Zealand beef, with ongoing efforts to maintain smooth trade relations and explore growth opportunities.
Tags: China New Zealand Todd McClay beef imports trade agreement quota safeguard investigation beef exports China NZ FTA trade relationshipNew Zealand Fish Stocks Are 87% Sustainable, Fisheries Minister Confirms
2 months ago | 291 viewsA recent report shows that 87.2% of New Zealand’s 149 scientifically evaluated fish stocks are sustainable, with plans to restore the 19 stocks needing support. The country’s fisheries are recognized globally for sustainability, supported by a quota management system and ongoing reforms to enhance responsive fisheries management. The seafood sector employs around 9,000 people and generates approximately $1.5 billion in exports annually, contributing significantly to New Zealand’s economy and food supply.
Tags: Shane Jones New Zealand Fisheries New Zealand fish stocks sustainability United Nations seafood sector quota management system fisheries reforms MPINew Zealand Resolves Dairy Dispute with Canada Under CPTPP, Securing $157m Export Value Annually
7 months ago | 1195 viewsTrade and Investment Minister Todd McClay announced a resolution to a dairy dispute between Canada and New Zealand under the CPTPP, projecting a $157m annual export value increase for New Zealand dairy exporters. New Zealand initiated dispute settlement proceedings due to limited dairy market access in Canada, leading to a favorable ruling and subsequent agreement for improved access through quota adjustments and penalties for misuse. McClay emphasized the importance of upholding CPTPP obligations, praised Canada for constructive engagement, and highlighted the agreement's reinforcement of the rules-based trading system.
Tags: Todd McClay Canada New Zealand dairy dispute CPTPP trade investment exporters agreement quotas