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flag New Zealand aims to halve approval times for agricultural products, boosting productivity by $272M over 20 years.

flag New Zealand's government has accepted recommendations to streamline the approval process for agricultural and horticulture products, aiming to halve approval times and boost productivity by $272 million over 20 years. flag The Ministry for Regulation's 16 recommendations include setting targets to reduce approval queues, accelerating assessments, and using international assessments to save time. flag Environment Minister Penny Simmonds noted ongoing improvements to the system for hazardous substances and new organisms.

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