Book Reviews | Gordon Campbell | News Flashes | Scoop Features | Scoop Video | Strange & Bizarre | Search

 


NZ Being Caught In New Cold War - US/China Trade Deals


For immediate release

21 November 2012

NZ Being Caught In New Cold War as US & China Compete Over Trade Deals

“Prime Minister John Key needs a reality check if he really believes New Zealand can remain best friends with both sides in the escalating face-off between the US and China over the ‘most significant free trade and investment deal ever’”, according to University of Auckland Professor Jane Kelsey.

“This week’s East Asia Summit in Cambodia has turned into a sparring match between the US and China, as each touts its grand plan. The US-dominated Trans-Pacific Partnership Agreement is pitted against the proposed Regional Comprehensive Economic Partnership that pivots around China as well as India.”

“The Prime Minister may not want to ‘over-emphasise’ the China-US stand-off, but that is now the dominant narrative of the TPP”, said Professor Kelsey.

“Trade Minister Groser’s bold promise that New Zealand would walk away if the TPP became an exercise in China-bashing becomes more hollow by the day”.

Professor Kelsey notes that the TPPA never had a commercial rationale, except for the gains that US corporations wouldmake if US demands prevailed.

“The TPPA has now become a geo-political pact. There is a serious risk that participating governments will sign up for strategic reasons to a text that surrenders their domestic economies and grants undue influence over their policy decisions to powerful, largely US, corporate interests.”

“The people of the participating countries will not only have no say in the process of either set of negotiations - they risk becoming collateral damage in a new version of the Cold War, as old players flex their muscles in the new arena of competing so-called free trade agreements.”

ENDS

© Scoop Media

 
 
 
 
 
Top Scoops Headlines

 

Syed Atiq ul Hassan: Eye-Opener For Islamic Community

An event of siege, terror and killing carried out by Haron Monis in the heart of Sydney business district has been an eye-opener for the Islamic Community in Australia. Haron was shot down before he killed two innocent people, a lawyer and a manager ... More>>

Jonathan Cook: US Feels The Heat On Palestine Vote At UN

The floodgates have begun to open across Europe on recognition of Palestinian statehood. On 12 December the Portuguese parliament became the latest European legislature to call on its government to back statehood, joining Sweden, Britain, Ireland, France ... More>>

ALSO:


Fightback: MANA Movement Regroups, Call For Mana Wahine Policy

In the wake of this years’ electoral defeat, the MANA Movement is regrouping. On November 29th, Fightback members attended a Members’ Hui in Tāmaki/Auckland, with around 70 attending from around the country. More>>

Ramzy Baroud: The Mockingjay Of Palestine: “If We Burn, You Burn With Us”

Raed Mu’anis was my best friend. The small scar on top of his left eyebrow was my doing at the age of five. I urged him to quit hanging on a rope where my mother was drying our laundry. He wouldn’t listen, so I threw a rock at him. More>>

ALSO:

Don Franks: Future Of Work Commission: Labour's Shrewd Move

Lunging boldly towards John Key, shouting 'Cut the crap!' - Andrew Little was great, wasn't he? Labour's new leader spoke for many people fed up with Key's flippant arrogant deceit. Andrew Little nailing the Prime minister on lying about contacting a rightwing ... More>>

Asia-Pacific Journal: MSG Headache, West Papuan Heartache? Indonesia’s Melanesian Foray

Asia and the Pacific--these two geographic, political and cultural regions encompass entire life-worlds, cosmologies and cultures. Yet Indonesia’s recent enthusiastic outreach to Melanesia indicates an attempt to bridge both the constructed and actual ... More>>

Valerie Morse: The Security State: We Should Not Be Surprised, But We Should Be Worried

On the very day that the Inspector-General of Intelligence and Security released her report into the actions of people the Prime Minister’s office in leaking classified Security Intelligence Service (NZSIS) documents to right-wing smearmonger Cameron ... More>>

Ramzy Baroud: PFLP Soul-Searching: Rise And Fall Of Palestine’s Socialists

When news reports alleged that the two cousins behind the Jerusalem synagogue attack on 18 November were affiliated with the Popular Front for the Liberation of Palestine, a level of confusion reigned. Why the PFLP? Why now? More>>

Get More From Scoop

 
 
 
 
 
 
 
Top Scoops
Search Scoop  
 
 
Powered by Vodafone
NZ independent news