WTO rules for NZ

The Herald reports:

The World Trade Organisation has upheld New Zealand’s challenge to barriers that have cost the beef sector up to $1 billion.

Trade Minister Todd McClay hailed the WTO decision against the Indonesian non-tariff barriers as important for New Zealand farmers and exporters, and also trade fairness.

This is the great thing about trade agreements – they have a system for arbitrating disputes. And in almost every case they have worked in NZ’s favour.