Earlier: Deal reached on TPP Pacific trade deal
and What the Trans-Pacific Partnership means for the forex market
Now Fonterra commenting:
- Trans-Pacific Partnership to provide "some useful gains" for New Zealand dairy exporters
- In key TPP markets such as U.S., Canada and Japan
- Greater benefits will be seen in future years as tariffs on some products are eliminated
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Getting to the agreement took more than 5 years. The benefits will not come immediately, implementation will take some time.
