Reading Time: 2 minutes Updated, Sept. 17 — Beijing | Reuters — Japan said it would have to determine if China meets the “extremely high standards” of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after the world’s second-biggest economy formally applied to join. Commerce Minister Wang Wentao submitted China’s application to join the free trade agreement in […] Read more
China applies to join Trans-Pacific trade pact
Second-biggest economy seeks to add to economic clout
Canadian dairy sector skimming global exports, U.S. complains
Reading Time: 2 minutes Winnipeg/Chicago | Reuters — Canada’s surging exports of protein-rich skim milk powder have angered farmers in the U.S., as the sheltered dairy sector in Canada draws the ire of U.S. President Donald Trump for its high tariffs. Canada cannot expect to have both a protected system and compete globally, U.S. Dairy Export Council CEO Tom […] Read more
Cattle disease outbreak under control: New Zealand ministry
Reading Time: 2 minutes Wellington / Reuters – New Zealand’s first outbreak of a serious bacterial cattle disease was well under control, the Primary Industries ministry said on Friday, with stock movement restrictions in place and testing continuing. News of the discovery of mycoplasma bovis earlier this week on a single farm in the world’s largest dairy exporter briefly […] Read more
Canada says TPP trade deal dead without U.S.
Reading Time: 2 minutes Calgary | Reuters — The Trans-Pacific Partnership (TPP) trade deal cannot proceed without the United States, Canada said on Tuesday, even as Australia and New Zealand pledged to salvage it. U.S. President Donald Trump withdrew from the 12-nation TPP on Monday, following through on an election promise days after his inauguration. “This agreement was so […] Read more
Australia, New Zealand pledge to salvage TPP
Reading Time: 2 minutes Reuters — Australia hopes to salvage the Trans-Pacific Partnership (TPP) by encouraging China and other Asian nations into the agreement in the wake of U.S. President Donald Trump’s decision to pull his country out of the pact, its trade minister said on Tuesday. New Zealand’s trade minister said ministers from the remaining TPP countries would […] Read more
New Zealand dairy industry worries over Canada pricing plan
Reading Time: 2 minutes Wellington/Winnipeg | Reuters — New Zealand is closely watching changes in how Canada prices dairy products, New Zealand’s trade ministry said on Friday, as industry groups in several countries complain of unfair Canadian competition. Canada’s dairy farmers and processors, which include Saputo and Parmalat Canada, struck a pricing agreement in July that industry groups in […] Read more
New Zealand to host TPP signing Feb. 4
Reading Time: < 1 minute New Zealand plans to host the signing of the Trans-Pacific Partnership trade pact by its 12 member nations on Feb. 4. The country’s trade minister, Todd McClay, confirmed in a statement Thursday that New Zealand has issued invitations to TPP ministers to sign the agreement in Auckland, marking the end of negotiations. Signing the deal […] Read more
Global dairy prices unexpectedly fall in overnight auction
Reading Time: 2 minutes Wellington | Reuters — Global dairy prices unexpectedly eased in the overnight GlobalDairyTrade auction, a platform established by New Zealand’s Fonterra Co-operative Group, the world’s biggest dairy exporter. Fonterra’s GDT Price Index dipped 1.6 per cent, with an average selling price of $2,458 per tonne, in the auction held Tuesday (all figures US$). Whole milk […] Read more
TPP not the death of supply management, N.Z. trade chief says
Reading Time: 2 minutes Hamilton, N.Z. | MCO — Canada’s supply-managed sectors should not worry about the Trans-Pacific Partnership, from where New Zealand’s Trade Minister Tim Groser sits. “I can understand why producer groups would wish to perceive this in a different way, but this is not the end of supply management,” he said here Thursday. “I don’t think […] Read more
Dairy farmers milk politics of Pacific trade pact
Reading Time: 3 minutes Reuters — New Zealand dairy farmers have a message for their Canadian counterparts, who worry a Pacific trade deal will throw them on the mercy of world markets and devastate their industry: It’s not so bad. But heavily protected Canadian farmers have reason for skepticism. A deadlock over dairy has emerged as one of the […] Read more
A message from April Stewart, Country Guide's Associate Editor
