Latest Breaking News On - Minister for trade and export growth damieno 39 connor has welcomed the cptpp panel 39s ruling in favour of new zealand our dispute against canada - Page 1 : comparemela.com

Minister for Trade and Export Growth Damien O'Connor has welcomed the CPTPP Panel's ruling in favour of New Zealand in our dispute against Canada, a significant win for our primary sector exporters. The Panel found that Canada's dairy quota administration is inconsistent with its obligations under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). "Canada was not living up to its commitments under CPTPP, by effectively blocking access for our dairy industry to upscale its exports. That will now have to change," Damien O'Connor said. "This is a significant win for New Zealand and our exporters. Our dairy industry lost out on an estimated $120 million in revenue from the Canadian market in the past three years. "Since 2017 our Government has signed seven new or upgraded free trade agreements - including CPTPP - and we have seen our primary sector exports grow to record heights of $57.4 billion this year. "These were

New zealandUnited kingdomDamien oconnorPacific partnershipMinistry of foreign affairsExport growth damieno connorProgressive agreementTrans pacific partnershipForeign affairsMinister for trade and export growth damieno 39 connor has welcomed the cptpp panel 39s ruling in favour of new zealand our dispute against canadaA significant win for our primary sector exporters the panel found that canada 39s dairy quota administration is inconsistent with its obligations under comprehensive and progressive agreement trans pacific partnership cptpp quot was not living up to commitmentsY effectively blocking access for our dairy industry to upscale its exports that will now have changeUot damieno 39 connor said quot this isa significant win for new zealand and our exporters dairy industry lost out on an estimated 120 million in revenue from the canadian market past three years since 2017 government has signed seven or upgraded free trade agreements including cptpp we have seen primary sector exports grow to record heights of 57 4 billion year these were hard won negotiated outcomesNd today 39s ruling will give exporters confidence and certainty that the mechanisms in place ensure they receive market access all members agreed to quot as part of cptpp agreementE secured new dairy quota access accounting for 3 of canada 39s market tens thousands tonnes per year in key products zealand exporters quot the panel found that were not able to fully utilise 16 tariff rate quotas and was granting priority their own domestic processors between cptppHe uk fta