Fonterra, Zespri supportive of TPP, see long-term gains from trade pact

Thu, 14 Apr 2016

By Sophie Boot April 14 (BusinessDesk) - Fonterra Cooperative Group and Zespri International have voiced their support for the Trans-Pacific Partnership at a select committee hearing, although neither could quantify the benefit of the treaty being ratified. Fonterra's director of global stakeholder affairs Philip Turner told the foreign affairs, defence and trade select committee that the dairy cooperative was disappointed with the immediate outcome for its sector but sees longer-term benefits. "Although TPP falls well short of full li...

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