Aug 23, 2014
Home| Tools| Events| Blogs| Discussions Sign UpLogin

Little Progress on Trans Pacific Partnership Trade Talks

December 14, 2012
By: Jim Dickrell, Dairy Today Editor
 
 

Negotiators made little progress in trade talks on the free trade agreement Trans Pacific Partnership (TPP) this week. Negotiators met for the 15th round of talks in Auckland, New Zealand this week.

The TPP trade talks involve Pacific Rim nations including the United States, Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. The total population of these countries is 658 million with a total gross domestic product of $20.7 trillion.

“It’s not surprising negotiators did not make much progress, since Canada and Mexico were just recently added to the mix,” says Shawna Morris, who monitor world trade agreements for both the U.S. Dairy Export Council (USDEC) and the National Milk Producers Federation (NMPF).

Since Canada has been added to the negotiations, USDEC and NMPF efforts have been focused on gaining access to the Canadian dairy market. Right now, that market is closed to U.S. dairy products for sale in Canada.

At the same time, USDEC and NMPF oppose allowing more access to New Zealand dairy products here in the United States. The organizations say Fonterra, New Zealand’s leading dairy company, has near monopolistic market power in the country with 90% market share. As a result, it can set the price it pays to New Zealand dairy farmers and can undercut prices in any country in which it chooses to compete.

The 16th Round of the TPP is scheduled for March.
 

See Comments

RELATED TOPICS: Dairy, News, Exports, Dairy Products

 
Log In or Sign Up to comment

COMMENTS

No comments have been posted



Name:

Comments:

Receive the latest news, information and commentary customized for you. Sign up to receive the AgWeb Daily eNewsletter today!.

 
 
Enter Zip Code below to view live local results:
bayer
 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions