India–NZ Dairy FTA: Safeguards or Silent Slippages?
The recently concluded India–New Zealand Free Trade Agreement (FTA) marks an important milestone in bilateral trade, while carefully ring-fencing India’s sensitive dairy sector. Under the agreement, core dairy products such as milk, cream, butter, cheese, yoghurt, whey and casein remain excluded from duty-free access, reflecting India’s long-standing policy to protect millions of small dairy farmers….
India sticks to dairy, MSME safeguards in NZ trade talks
In a clear signal to the dairy sector, India’s Commerce and Industry Minister Piyush Goyal said that the country will not compromise on the interests of its dairy farmers and MSMEs while negotiating trade agreements — following his meeting with New Zealand Prime Minister Christopher Luxon and counterpart Todd McClay. India and New Zealand are…
Canada, NZ Settle Dairy Quota Dispute Under CPTPP
Canada and New Zealand have formally resolved a high-stakes dairy trade dispute under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The two countries clashed over Canada’s administration of dairy tariff-rate quotas (TRQs), which New Zealand claimed unfairly restricted access for its exporters and favored Canadian processors, violating free trade obligations. New Zealand initiated…
Dairy sector faces highest global trade barriers-NZ
New Zealand’s dairy industry, contributing roughly NZ$26 billion in exports (to April 2023), is increasingly burdened by tariffs and non-tariff barriers (NTBs) that remain high across global markets. A report commissioned by DairyNZ and the Dairy Companies Association (DCANZ) highlighted that 87% of global dairy markets enforce tariffs ≥10%, resulting in NZ exporters incurring NZ$1.5 billion in…