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 […]