A breakthrough in New Zealand's long-running trade dispute with Canada is expected to benefit our dairy sector, to the tune of about $157 million a year.
Canada's agreed to meet its obligations under the CPTPP trade deal to provide New Zealand greater access to Canada's dairy market.
It had previously refused to accept a dispute settlement panel's ruling in New Zealand's favour.
Export NZ Executive Director Josh Tan told Heather du Plessis-Allan it's an important win.
He says it's essential that countries follow through on their international trade agreements.
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