Parliament

Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 

NZ and Singapore to sign CEP on 14 November

7 November 2000 Media Statement

NZ and Singapore to sign Closer Economic Partnership on 14 November


Prime Minister Helen Clark and Trade Negotiations Minister Jim Sutton announced today that Helen Clark and Singapore Prime Minister Goh Chok Tong will sign a Closer Economic Partnership agreement between New Zealand and Singapore, in Singapore, on Tuesday, 14 November.

The announcement follows today's debate in the New Zealand Parliament on the Foreign Affairs and Defence Committee's report into the CEP.

In a vote taken at the end of the debate, Parliament voted by 89 votes to 30 in favour of closer economic relations with Singapore.

"The agreement is good news for both countries," Helen Clark and Jim Sutton said.

"It will encourage trade in goods and services, promote investment, create jobs especially in service industries, and assist economic development.

"The CEP will eliminate tariffs on goods traded between the two countries.

"Trade in services will also be liberalised. Services generate eighty per cent of all New Zealand jobs, creating $8 billion in exports," Jim Sutton said.

"The CEP will reduce compliance costs for New Zealand exporters through jointly agreed disciplines on standards.

“The agreement will result in a deepening and strengthening of the already close trading relationship which exists between Singapore and New Zealand. We are both small nations, heavily dependent on trade for our livelihoods," Helen Clark said.


ENDS



© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

SCOOP COVERAGE: CHRISTCHURCH MOSQUES TERROR ATTACK


'Public Safety': Next Firearms Reform Plan Announced

The next Arms Amendment Bill will:

• Establish a register of firearms and licence holders to be rolled out over 5 years
• Tighten the rules to get and keep a firearms licence
• Tighten the rules for gun dealers to get and keep a licence
• Require licences to be renewed every five years
• Introduce a new system of warning flags so Police can intervene and seek improvement if they have concerns about a licence holder’s behaviour
• Prohibit visitors to New Zealand from buying a gun... More>>

 

Gordon Campbell: On Being Australia's Pacific Go-Fers

Inevitably, there was an aspect of ‘what might have been’ about the weekend’s meeting in Canberra between PM Jacinda Ardern and her Australian counterpart, Scott Morrison... More>>

ALSO:

RNZ: Trades Hall Bombing Case Re-Opened, Evidence Released

The cold case has been reopened and the police have recently revealed more details about the bomb's components - including that it was wrapped in a 1977 edition of The Evening Post. More>>

Safety: Govt Targets Fewer Deaths On The Road

“Most roads deaths and serious injuries are preventable and too many New Zealanders have lost their lives or been seriously injured in crashes that could have been prevented by road safety upgrades,” said Associate Transport Minister Julie Anne Genter. More>>

ALSO:

Pay Rise Delay: Teachers Unions Plan Legal Action Against Novopay

Both of the teachers unions - NZEI and the PPTA - have confirmed they will be taking legal action against Novopay. More>>

ALSO:

Gordon Campbell: On What’s Wrong With Wellington

For many Wellingtonians, it hasn’t been the normal hardships – the workings of central government and the lousy weather – that have recently pushed their tolerance into the red zone. It has been the inability of local government to maintain even the basics. More>>

ALSO:

Emission Statement: 'Consensus Reached' On Agriculture

Today the Government launched a consultation document, informed by the work of the Interim Climate Change Committee (ICCC), on how to bring agriculture into the emissions trading scheme, a key part of the Government’s plan to tackle climate change and reduce New Zealand’s emissions. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels