All tariffs removed from New Zealand dairy entering China

The removal of tariffs on milk powder means all New Zealand dairy products can now enter China duty-free. This deal was part of the New Zealand-China Free Trade Agreement, which was first negotiated in 2008. Trade and Agriculture Minister Todd McClay said it was a landmark day. “It’s really good news not only for dairy farmers but [also for] the New Zealand economy. “$350 million worth of additional revenue delivered to New Zealand as a result of the FTA finally entering into force, it’s a day for celebration, but still a [lot] more work to do ... a lot more we can export.” Federated Farmers president of Marlborough Evan White said the removal of tariffs would benefit New Zealand communities. Although it was always on the cards as part of the Free Trade Agreement with China, it had probably slipped under the radar and “snuck up” on most farmers, he said. “It puts more money back in the pockets of the dairy farmers, which in turn will get spent in the town, in the community, in the ...