The Trans-Pacific trade deal, CPTPP, has already cut tariffs on New Zealand beef to Japan from 38.5% to 26.6%.

NZ exporters are among the first to benefit from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which took effect at the beginning of the new year.

The Hound, like most rational people in NZ’s primary and export sectors, was delighted to see the much maligned and denigrated trade agreement of the past few years – the CPTPP, formerly known as the TPP – come into force this month.