Fonterra 'very disappointed' with limited TPP dairy deal

Mon, 05 Oct 2015

By Pattrick Smellie Oct. 6 (BusinessDesk) - The New Zealand government faces a tough job defending the outcome of the Trans-Pacific Partnership trade and investment agreement, in which it gained limited new access into the highly protected dairy markets of the US, Canada, Japan and Mexico. That's despite substantial gains elsewhere and, for the first time, a free-trade agreement with the US and Japan, where New Zealand has tried over three decades and failed to win bi-lateral FTAs. Other gains include a less onerous deal on pharmaceuti...

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