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When Prime Minister Jacinda Ardern announced the free trade deal with the UK, few were paying closer attention than the local dairy sector.
The deal, which is expected to be ratified over the coming months, eliminates tariffs on all New Zealand exports, including honey, wine, kiwifruit, onions, most industrial products, beef and - most crucially - dairy products.
Fonterra chief executive officer Miles Hurrell spoke to Corin Dann.