TPP deal gives limited win for NZ dairy, US gives way on drug patents

Mon, 05 Oct 2015

By Pattrick Smellie Oct. 6 (BusinessDesk) - Twelve Pacific Rim nations have reached a deal on the controversial Trans-Pacific Partnership in the American city of Atlanta, ending more than five years of negotiations to create the largest trade and investment pact since the Uruguay Round of the GATT trade agreement 20 years ago. However, New Zealand has barely prised open the door for dairy exports to the highly protected markets of the US, Canada, and Japan, with tariffs on some products proving too hard to overturn. "This establishes comp...

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