Concerns for the Welsh agricultural sector are stacking up as details of a free trade deal with New Zealand are on the horizon. The deadline for the trade deal has been mooted to be the end of August, according to the UK Government.
The UK and New Zealand free trade deal is said to have been worth over £2.3 billion in 2020, with the figure likely to increase as a result of a wide-ranging trade deal.
FUW Vice President Dai Miles said: “The biggest problem with these trade deals is the volatility it will add to UK markets for all sectors. Currently with the demand from China, meat and dairy products from New Zealand and Australia are going there. If that demand in China drops, the UK will be exposed to potentially very cheap imports with no way of controlling their volume or price.