Markets and Trade
AreaBilateral/Multilateral
Commodity GroupMilk and dairy products
CommodityDairy products
Date01/03/2018
Policy CategoryTrade
Policy InstrumentMultilateral trade agreement
DescriptionSigned on 8 March 2018 the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) by 11 members of the original Trans-Pacific Partnership Agreement (TPP), namely Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Viet Nam. The CPTPP will provide tariff reductions and quota for exporting dairy products including cheese, milk powder, butter, milk protein concentrates and yoghurt, as specified by each signatory to the agreement.