Milk powder price move denied
(N.Z. Press Association > WELLINGTON The general manger of the New Zealand Dairy Board (Mr B. K. Knowles) has denied that he said New Zealand favoured a reduction in the price level for skim milk powder to SUS3OO per tonne A report published in the “Australian Financial Review” and republished in this country said New Zealand favoured a drop from the present level of SUSS2O per tonne so that the country’s present stocks could be cleared. “This is incorrect,” said Mr Knowles. We need only point out that the G.A.T.T. (General Agreement on Tariffs and Trade) minimum price binds all signatory nations — and New Zealand is one of these — to a minimum price of SUS3SO a tonne,” he said. However he did say that the board was neogtiating with senior European Economic Community officials in Brussels to solve the problem of a world surplus.
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Press, Volume CXVI, Issue 34104, 17 March 1976, Page 12
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148Milk powder price move denied Press, Volume CXVI, Issue 34104, 17 March 1976, Page 12
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