The free trade deal with Malaysia is being seen as very positive, especially for Fonterra.
New Zealand exports roughly a billion dollars worth of goods to Malaysia each year. The Asian country is New Zealand’s eighth largest market.
Business correspondent Roger Kerr says Fonterra’s sales to South East Asia and the Middle East are expected to rise by 20 percent a year, but he says to maximise the benefits of the Free Trade Agreement, Fonterra still has some work to do.
“If they want to take advantage of the opportunities that for instance, the Malaysian market offers, they’re going to …
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Tags: dairy, dairy products, Datuk Seri Najib Tun Razak, export, Fonterra, Free Trade Agreement, FTA, John Key, kiwifruit, Malaysia, meat, Middle East, new zealand, Prime Minister, Roger Kerr, South East Asia, Tim Groser, Trade, Trade Minister, Wool, zespri





