🔥 Premium AI-powered Stock Picks from InvestingPro Now up to 50% OffCLAIM SALE

Little progress on dairy, autos in Atlanta TPP trade talks - NZ official

Published 2015-09-29, 08:49 p/m
© Reuters.  Little progress on dairy, autos in Atlanta TPP trade talks - NZ official

WELLINGTON, Sept 30 (Reuters) - A New Zealand trade official
said that the Trans Pacific Partnership talks had made no
progress on key areas such as dairy and automobiles and that
officials were waiting for trade ministers to take the
negotiations forward, media reported on Wednesday.
"There's still some work to do in automobiles, biologics and
IP, and around dairy obviously in New Zealand's case,"
agricultural trade envoy Mike Petersen told Radio New Zealand.
"We need ministers to make the hard calls on those areas,
and we're hopeful they can do so over the next couple of days."
Trade ministers from the 12 countries negotiating the
Trans-Pacific Partnership are due to meet in Atlanta on
Wednesday and are on the cusp of sealing the biggest trade deal
in a generation, cutting trade barriers and setting common
standards for 40 percent of the world economy.
New Zealand, the world's largest exporter of dairy, is
negotiating for improved access for its dairy exports to
countries such as the U.S., Canada and Japan.
Trade Minister Tim Groser told media last week that the deal
at that time was "inadequate" for New Zealand's access to dairy
markets.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.