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DCANZ Welcomes Japan Joining TPP

DCANZ Welcomes Japan Joining TPP

The Dairy Companies Association of New Zealand (DCANZ) today welcomed Japan as a new participant in the Trans Pacific Partnership (TPP) negotiations.

DCANZ Chairman, Malcolm Bailey, said that Japan is a very important market for New Zealand dairy exports. In 2012 Japan was New Zealand’s fourth largest dairy export market, with trade valued at USD 536 million.

“This significant level of trade has been achieved despite the high barriers imposed by Japan on dairy exports. The TPP negotiations are an opportunity to deal with these obstacles to trade.”

“TPP has high standards for its negotiations. In particular, the TPP Leaders in Honolulu in 2011 agreed to the comprehensive elimination of trade barriers including tariffs and quotas. We expect Japan to meet these commitments.”

Japan joins Australia, Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States of America and Vietnam as a member of the TPP.

ENDS

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