BUTTER SALES TO EUROPE
Prospect Good If Britain Joins (New Zealand Press Association) WELLINGTON, July 10. New Zealand could sell butter at a remunerative price to the European Common Market if Britain decided to join it, the Deputy Prime Minister (Mr Marshall) said today.
Butter in the Common Market was bringing nearly twice the price it brought in Britain at the moment, Mr Marshall said. Compared with 300 s a hundredweight in Britain, in the E.E.C. countries it cost more than 600 s.
prices and increase consumption.”
In this way New Zealand was in a position not only to ask for special consideration if Britain joined the E.E.C., but also to make offers, he said.
However, he said the success of such a plan would depend on New Zealand butter being admitted to an enlarged Common Market free of levies and duties.
New Zealand could supply butter to the E.E.C. for say 350 s a hundredweight and the E.E.C. could sell it at a margin of more than 2505, Mr Marshall said. “It’s an attractive proposition, and they were interested,” Mr Marshall said.
The Common Market countries could make about £5O million a year, “which could • go into a fund to support agriculture in the E.E.C., for surplus disposal to underdeveloped countries, or for consumer subsidies to reduce
Arrangements for New Zealand meat would be more straightforward because that was a specialised trade between Britain and New Zealand.
“I don’t think anyone knows when Britain will apply to join the Common Market,” Mr Marshall said. That Britain had signed the new trade agreement with New Zealand was an indication that Britain was fully prepared to seek allowances for New Zealand before she entered the E.E.C.
Mr Marshall got from all the Common Market countries assurances that they realised New Zealand's position and that special arrangements would have to be made.
New Zealand was ready for Britain to join the Common Market, Mr Marshall said. “I think we have prepared our defences,” he said.
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Press, Volume CVI, Issue 31108, 11 July 1966, Page 1
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333BUTTER SALES TO EUROPE Press, Volume CVI, Issue 31108, 11 July 1966, Page 1
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