At Asia Pacific Economic Cooperation conference which was held in Japan, experts and political diplomats of New Zealand, Russia and other two states came to a mutual agreement to start FTA which could bring $27 million in the shape of profits/revenues.

However, according to marketing specialists and experts of New Zealand Institute of Economic Research, the percentage of profit can be larger. They anticipate better outcome of this joint commercial venture to promote trade and commerce. It was decided that at New Zealand would have a tie-up with Russia plus other two countries like Kazakhstan and Belarus.

NZIER has calculated the annual profits from this future contract/FTA excluding tariffs on the present trade. Marketing executives have also confirmed other financial benefits after the activation of project. The diary industry would be extensively benefited as the country will be able to export butter and other dairy products to foreign countries in huge volume.

Researchers have pointed out that meat industry will also get foreign revenues by exporting raw meat to Russia and other two states. This valuable deal will open new gateway to entrepreneurial communities in more extensive way.