Dairy industry losing billions of dollars to trade barriersTrade barriers such as tariffs mean that milk powder exports are not receiving their full value back to the New Zealand economy. Billions of dollars are being being lost each year to the New Zealand dairy industry through trade barriers. "On top of this, non-tariff measures add over $3b in costs to New Zealand dairy exports in the APEC region alone." This is a timely reminder of just how important the dairy industry is. "This report confirms that our dairy industry is resilient and capable of meeting future challenges around economic volatility and environmental sustainability.

Source: Stuff February 21, 2017 23:26 UTC