Parliament

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

 

Minister welcomes US trade authority approval


Media Statement|

7 December 2001


Minister welcomes US trade authority approval

The approval of trade promotion authority by the United States' House of Representatives was welcome news, Trade Negotiations Minister Jim Sutton said today.

Mr Sutton said that while the voting margin was narrow, it was a victory for the Bush administration. No American administration has had trade promotion authority since 1994.

"It's great news. Trade promotion authority means that President George W Bush and his team have a mandate to negotiate trade agreements and Congress will be not be able to relitigate them clause by clause, line by line, but will simply have to vote to ratify or refuse the whole agreement."

Mr Sutton said it was believed that the Clinton administration's lack of trade promotion authority mandate was a major factor in the failure to launch a round of world trade negotiations at the World Trade Organisation ministerial meeting in Seattle in 1999.

"The American team at the Doha WTO meeting didn't have it, but everyone knew it was coming."

Mr Sutton said he hoped that the American Senate would also approve the trade promotion authority bill quickly, for it to be signed by President Bush, passing it into law.

He said the American administration's gaining trade promotion authority would benefit New Zealand.

"It very much improves the prospects of a successful WTO negotiation over the next few years. It removes an extensive obstacle to our realising our hopes of negotiating a regional trading arrangement with the United States. Without trade promotion authority, they would not be able to negotiate agreements with sensitive items in them."


ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Bridges’ ‘Meth Crooks’ Leadership Failure

Back in June, Bridges publicly accepted that Housing NZ had got it wrong, and that the National government had acted upon bad advice.

Now, you’d think this admission would create a broad bi-partisan basis for compensation to those families who had been unfairly evicted, at considerable cost and emotional distress. Some people had lost their possessions in trying to meet the expense of the upheaval.

Not everyone felt so compassionate. More>>

 

Multimedia & Transcript: Acting PM's Press Conference

Winston Peters, Acting Prime Minister while Jacinda Ardern is in New York for the UN Leaders' Week, held a short press conference Monday after chairing this week's cabinet meeting. More>>

General Assembly: Ardern Rejects Trump Call For War On Drugs

New Zealand will not be signing the United States' document calling for global action on the war on drugs, Prime Minister Jacinda Ardern says. Ms Ardern is in New York for the United Nations General Assembly this week, along with about 140 other world leaders. More>>

ALSO:

Pay Equity: Cabinet Funds Deal For Oranga Tamariki Social Workers

The Minister said that an agreement in principle has been reached between Oranga Tamariki and the PSA on a settlement worth $114.6m over five years. More>>

ALSO:

Hunting v Pest Control: Tahr Control Needed To Protect Alpine Habitats

A cull of introduced Himalayan tahr browsing conservation land in Kā Tiritiri o Te Moana/ the Southern Alps is needed to protect special alpine plants and their habitats, Conservation Minister, Eugenie Sage said. More>>

ALSO:

Protest At Sea: Judge Discharges Greenpeace Activists

The judge today discharged Norman and Howell without conviction, saying the cumulative consequences of a conviction would be out of proportion to what was “low level” offending off the Wairarapa coast in April 2017. More>>

ALSO:

No Reshuffle: Meka Whaitiri Removed As A Minister

Meka Whaitiri will be removed as a Minister with immediate effect... The decision was made after receiving a report into an incident that occurred on 27 August in Gisborne, involving Meka Whaitiri and one of her staff. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels