date:Nov 18, 2013
Fonterra, a New Zealand-based dairy co-operative, has backed a new dairy cooperation agreement between the Governments of New Zealand and Sri Lanka.
The deal paves way for the New Zealand government and Fonterra to step up New Zealand's investment in dairy development in Sri Lanka over the next 10 years.
Fonterra director and farmer-shareholder John Monaghan said that the agreement will help formalize and support further public and private sector dairy sector cooperation between the two countr