TPP will help remove regulatory barriers

Press Release – Deer Industry NZ The main benefit for the deer industry from the Trans-Pacific Partnership (TPP) agreement will be the ability to challenge any potentially unfair regulations imposed by importing countries.Deer Industry NZ Media release 4 February 2016 TPP will help remove regulatory barriers The main benefit for the deer industry from the Trans-Pacific Partnership (TPP) agreement will be the ability to challenge any potentially unfair regulations imposed by importing countries. “Regulatory barriers can sometimes do more to impede trade than tariffs and quotas. Under the TPP, there will be an independent disputes mechanism that will allow our exporters to appeal regulations in importing countries they believe are unjustified or unfair,” says Deer Industry NZ (DINZ) chief executive Dan Coup. The agreement does not offer any immediate tariff or quota benefits to the deer industry, because its products face no significant tariff barriers in the 12 countries that are the initial parties to the agreement. “However, the TPP is expected to expand to other countries and this may prove positive for the deer industry,” he says. “In addition, most deer farmers also produce beef and lamb, products that will benefit in time from lower trade barriers.” Coup says DINZ is supportive of free trade agreements in principle and commends the government for its efforts in continuing the long-running programme of liberalising New Zealand’s trade conditions. [ends] Content...

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