Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


Asia First - but not Asia First and Last

Asia First - but not Asia First and Last

“We congratulate the Government on today’s announcement that New Zealand will be scoping out a Closer Economic Partnership negotiation with the People’s Republic of China” said Wellington Regional Chamber of Commerce CEO Philip Lewin.

“For many years China has been an increasingly important market for New Zealand’s goods and services. Already a global economic powerhouse, China is projected to become the world’s largest economy at some point this century. It therefore makes very good strategic sense to enter into this negotiation now.”
“This will be the first CEP negotiation China has approached with another sovereign nation. Both in terms of improved market access and greater certainty surrounding our bilateral trade with China, New Zealand stands to gain enormously from a successful outcome.”

“What we are embarking on here will indeed be a negotiation - as opposed to the immediate and unilateral removal of New Zealand’s few remaining tariffs, particularly in the textile, clothing and footwear area” Mr Lewin continued.

“There will doubtless be many twists and turns along the way before a mutually satisfactory deal is hammered out. Chamber member businesses up and down New Zealand will be looking to our Government negotiators to bargain for the very best package of access improvements and entitlements into China, as the end product of this negotiation. “

“Needless to say, our members won’t be impressed by any “Claytons” agreement in which little changes for Kiwi exporters” Mr Lewin added.

“To reiterate – the prospect of a CEP with China is enormously attractive and should be pursued with full vigor – and by a properly resourced negotiating team fully supported by Government, and by business in the wider community.”

“At the same time, let’s not forget that New Zealand is far too small to put all its eggs in any one basket.”

“We’ve got to keep mounting an unwavering effort at the WTO to get a big global trade outcome from the Doha Round. Likewise, we should be pursuing all our opportunities in the Asia-Pacific region, not only with China but also of course the USA, Thailand, Chile and all other potential partners.”

“Today’s announcement should be celebrated by everybody who cares about New Zealand’s future prosperity. At the same time, we should stay mindful of the old New Zealand trade policy adage “Asia First – but not Asia First and Last”, Mr Lewin concluded.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Decision Day: Peters Chooses Labour

Winston Peters says he will form a Government in coalition with Labour and the Greens giving confidence and supply.

Peters said he had been offered the position of Deputy Prime Minister and a number of other ministerial posts would go to his colleagues

He said economic and monetary policy changes were needed to face a coming economic downturn.>>>More


Labour on its agreement |Peters: Post-Election Announcement Speech | Greenpeace “cautiously hopeful” about new Government | ACT - Madman on the loose | E tū ecstatic | Chamber welcomes the outcome


Climate: Increasing Greenhouse Emissions Hit NZ

New Zealand is seeing impacts of excess greenhouse gas emissions in our climate and oceans, according to the latest national report from the Ministry for the Environment and Stats NZ about the state of the atmosphere and climate…More>>


Wellington.Scoop: Arrests At Blockade Of "Weapons Expo"

“We encourage people in Wellington to get down to the Westpac Stadium now for a day of awesome peace action. There will be plenty of food, music and activities to keep us sustained through the day.” More>>


Rorschach Restructuring: PSA Taking Inland Revenue To Court Over Psychometrics

The Public Service Association will be seeing Inland Revenue in Employment Court over its intention to psychometrically test employees reapplying for their roles at the department as part of its controversial Business Transformation restructuring plan. More>>


Nuclear Disarmament: Nobel Peace Prize 2017 Awarded To ICAN

Congratulations from iCAN Aotearoa New Zealand to international iCAN, the other iCAN national campaigns and partner organisations, and the countless organisations and individuals who have worked so hard for a nuclear weapons-free world since 1945. More>>


Expenses: Waikato DHB CEO Resigns

An independent inquiry has identified that Dr Murray had spent more than the agreed $25K allocated for relocation costs, and other unauthorized expenses involving potential financial breaches of the chief executive’s obligations. More>>


Wellington.Scoop: Sad About The Trolley Buses?

The Regional Council’s MetLink is today spending money to tell us that it really loves Wellington’s trolley buses, even though they’re all being taken off our roads by the end of this month. More>>


Post-Election: Preliminary Coalition Talks Begin

New Zealand First will hold post-election preliminary discussions in Wellington with the National Party tomorrow morning and the Labour Party tomorrow afternoon. More>>




Featured InfoPages

Opening the Election