[9 December/ NZ Herald]

Zespri and its growers could gain $26 million on the first day of the revised Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTTP) as early as the end of 2018. The new agreement would involve implementing a zero percent tariff rate for the 11 countries including New Zealand. Currently, New Zealand kiwifruit exporters paid a 6.4 percent tariff in Japan, compared with Chile who paid nothing. Minister of Foreign Affairs, Vangelis Vitalis said Zespri had worked out that the zero percent tariff would save at least $26 million from Japan alone.