‘Protection needed’
PA Hamilton New Zealand’s subsidies to farming had drawn unwarranted criticism in Europe, according to the Dutch director-general of agriculture and chairman of the General Agreement on Tariff and Trade’s (G.A.T.T.) trade and agriculture' committee, Dr Aart de Zeeuw. “In general New Zealand is one of few countries which really has open relations with international markets,” Dr de Zeeuw said. Its support for farmers was “not too far away”
from the trend of world prices. Dr de Zeeuw said the biggest problem facing G.A.T.T. was protectionism, not only protected imports but promoted and subsidised exports. A certain level of protection was necessary to assist a country’s production for its home market. But it was undesirable for that protection to stimulate production to the extent that high cost producers had to compete with low cost producers on the export markets.
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Press, 2 March 1984, Page 18
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141‘Protection needed’ Press, 2 March 1984, Page 18
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