Canada and New Zealand Resolve Dairy Trade Dispute, Canada Says
CANADA, JUL 17 – Canada agreed to change dairy quota administration under CPTPP, boosting New Zealand exporters' market access and potentially adding $157 million annually in export value, officials said.
- Canada and New Zealand have resolved a dairy trade dispute, which will provide New Zealand dairy exporters with up to $157 million per year in export value, according to New Zealand Trade and Investment Minister Todd McClay.
- In 2022, New Zealand initiated formal proceedings after Canada failed to comply with a dispute panel's ruling regarding dairy market access under the CPTPP.
- The agreement includes commitments from Canada to improve dairy quota administration, ensuring better access for New Zealand exporters, as announced by Todd McClay.
- Minister McClay expressed gratitude to Canada for their constructive engagement, stating that the resolution supports a rules-based trading system.
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Canada, New Zealand settle trade dispute regarding supply management of dairy sector
OTTAWA — Canada and New Zealand have settled a trade dispute over Ottawa’s dairy-sector protections that regulate the cost and supply of products such as milk and cheese. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership includes certain quotas for countries to export dairy at preferred tariff rates into other member countries. New Zealand successfully […]
New Zealand to Gain Increased Access to Canadian Dairy Market as Trade Dispute Resolved
Canada will make changes to how it manages its dairy tariff rate quotas, which will grant greater access to products from New Zealand, after the two countries resolved a dispute under a free trade agreement. Under the deal announced this week, New Zealand Trade Minister Todd McClay said it will deliver up to $129 million annually in export value for dairy exporters from his country. “Canada had failed to meet its obligation to New Zealand in res…
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