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Xinhua world economic news summary at 0900 GMT, Dec 15
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Xinhua world economic news summary at 0900 GMT, Dec 15 - Xinhua
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2020-12-15 04:35:13 GMT2020-12-15 12:35:13(Beijing Time) Xinhua English
WELLINGTON, Dec. 15 (Xinhua) The economic prospects for New Zealand s primary sector are bright despite the significant challenges from COVID-19, Agriculture, Trade and Export Growth Minister Damien O Connor said on Tuesday.
The latest Situation and Outlook for Primary Industries report forecast food and fiber export revenue of more than 47.5 billion NZ dollars (33.7 billion U.S. dollars) for the year ending in June 2021, and a record 49.2 billion NZ dollars (34.8 billion U.S. dollars) for the following year, according to O Connor. This strong performance is a testament to the sector s ability to adapt to keep businesses operating and workers in jobs. Producers are working to keep staff and communities safe from COVID, and provide the food and fiber products needed at home and abroad, O Connor said.
New Zealand s economic prospects for primary sector bright after tough year: minister - Xinhua
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