City
Epaper

New Zealand triggers mandatory negotiations in dairy dispute with Canada

By IANS | Updated: October 18, 2024 07:50 IST

Wellington, Oct 18 New Zealand has taken the next step in a dairy dispute with Canada by triggering ...

Open in App

Wellington, Oct 18 New Zealand has taken the next step in a dairy dispute with Canada by triggering mandatory negotiations, Trade and Agriculture Minister Todd McClay said on Friday.

New Zealand has notified the Canadian government and other Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) members of this move. Under the CPTPP dispute settlement process, negotiations must commence within 15 days of notification, Xinhua news agency reported.

A Panel of Arbitrators ruled in favour of New Zealand in September 2023, finding that Canada had breached its obligations under the CPTPP by blocking New Zealand dairy access, McClay said, adding that Canada has failed to comply with the ruling and under the CPTPP the next step is for New Zealand to request formal negotiations.

"As a matter of principle, the New Zealand government expects our trade partners to treat our exporters fairly and within the rules of our agreements," he said, adding that Canada is not doing that with respect to the dairy quotas that were negotiated and agreed with New Zealand.

The minister said New Zealand has decided to further pursue Canada for breaching its obligations under the CPTPP by blocking New Zealand dairy exporters' access to the Canadian market.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

BusinessMahindra to acquire 58.96% stake in SML Isuzu for Rs 555 crore

NationalPak troops resort to unprovoked firing on J&K LoC, Indian Army retaliates

CricketChina serious about winning gold at LA Olympics: Former Australia captain Steve Waugh

BusinessCentre launches portal, guidelines for electronics component manufacturing scheme; aims for large investments

InternationalNorth Korea denounces Japan PM's offering to war shrine

International Realted Stories

InternationalIran port explosion: Death toll rises to 8, over 750 injured

InternationalTwo Israeli soldiers killed in Gaza

InternationalIranian FM voices satisfaction with 'process, pace' of indirect talks with US

InternationalTaiwan detects Chinese military activity near its territory

InternationalHouthis say Russian sailors injured in US airstrikes on Yemen's Red Sea port