Canada and New Zealand resolve dairy trade dispute, Canada says

Canada and New Zealand have reached a "mutually satisfactory" resolution to a long-running dispute over access for dairy products, the Canadian government said in a statement on Thursday.

"This agreement, negotiated in close consultation with Canadian dairy stakeholders, will result in certain minor policy changes to Canada's TRQ (tariff rate quotas) administration, and does not amend Canada's market access commitments," International Trade Minister Maninder Sidhu and Agriculture Minister Heath MacDonald said in a statement.

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