New Zealand has sought a Free Trade Agreement with the United States for some time. As part of most trade agreements between much larger markets and smaller countries like New Zealand, the inevitable concessions are made by a smaller country for the longer-term gain in access to the market.
In the past, this was mostly around the timing of subsidies and the speed with which access to the market happened for each party. However, more recently the realm of Intellectual Property Rights have become a core part of the concessions a smaller country must make in order to do business with the United States. Continue reading IP: Singing from the same songbook