Meat and Wool NZ is pressing for a free trade deal with South Korea to be signed, sealed and delivered as soon as possible to give our beef exports there the chance to compete in the market.

South Korea is our third largest beef export market after the USA and Japan, but a massive 40% tariff carves a large chunk out of profits.

Meat and Wool chief executive Scott Champion says New Zealand’s main competitors in the market – including Australia and the United States – are already negotiating with Korea, so it’s crucial our government acts quickly.