Urgent action wanted
PA Paris New Zealand wants urgent action to halt “predatory” agricultural policies before farm capital is seriously eroded, the Minister of Finance, Mr Douglas, told industrial nations yesterday. Mr Douglas urged O.E.C.D. members to call a cease-fire on agricul-
tural trade as Ministers meeting in Paris moved tentatively but encouragingly towards boosting the chances of reform. He told finance and foreign Ministers from 23 other industrialised nations at the Organisation for Economic Cooperation and Development headquarters that
New Zealand wanted quick action. “There needs to be agreement that will halt the present activities which are aggravating the surplus situation and so seriously affecting the export capability and economic well-being of developing countries, and countries like New Zealand,” he said.
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Press, 14 May 1987, Page 3
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122Urgent action wanted Press, 14 May 1987, Page 3
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