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

 


Pacific Trade Agreement Comes Into Force


Media Statement

3 October 2002

Pacific Trade Agreement Comes Into Force

The Pacific Agreement on Closer Economic Relations comes into force today, Trade Negotiations Minister Jim Sutton said.

PACER is the overarching framework agreement setting out the basis of trade relations between the 16 Forum Island members, including New Zealand and Australia. It could lead to a Closer Economic Partnership trade agreement between Pacific Island countries and Australia and New Zealand in the future.

Mr Sutton said that now the PACER was in force, it would trigger a programme of trade facilitation measures designed primarily to benefit the Forum Island Countries.

New Zealand has already earmarked $250,000 for this programme, which will be developed and coordinated through the Forum Secretariat over the next year. The programme aims to build capacity and help streamline processes in the areas of sanitary, phyto-sanitary matters, customs procedures, and standards and conformance.

"PACER provides a trigger mechanism that gives New Zealand and Australia equal opportunity to enter into discussions towards a free trade arrangement should the Forum Island States commence negotiations with another developed country or region. An example would be negotiations that the Pacific ACP members are planning to enter into with the European Union under the Cotonou Agreement.

"The PACER is a very positive step for the region as it provides an important framework for the future development of trade and economic cooperation in our region".

New Zealand merchandise exports to the Pacific region for the year 2001 amounted to $828 million.

ENDS


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Also, Loan Interest: Productivity Commission On Tertiary Education

Key recommendations include better quality control; making it easier for students to transfer between courses; abolishing University Entrance; enabling tertiary institutions to own and control their assets; making it easier for new providers to enter the system; and facilitating more and faster innovation by tertiary education providers... More>>

ALSO:

Higher Payments: Wellington Regional Council Becomes A Living Wage Employer

Councillor Sue Kedgley said she was delighted that the Wellington Regional Council unanimously adopted her motion to become a Living Wage employer, making it the first regional council in New Zealand to do so. More>>

ALSO:

Scoop Images:
Dame Patsy Reddy Sworn In As Governor-General

This morning Dame Patsy Reddy was sworn in as the New Zealand Realm’s 21st Governor-General. The ceremony began with a pōwhiri to welcome Dame Patsy and her husband Sir David Gascoigne to Parliament. More>>

ALSO:

Ruataniwha: DOC, Hawke's Bay Council Developer Take Supreme Court Appeal

The Department of Conservation and Hawke's Bay Regional Investment Company (HBRIC) are appealing to the Supreme Court over a conservation land swap which the Court of Appeal halted. More>>

ALSO:

With NZ's Marama Davidson: Women’s Flotilla Leaves Sicily – Heading For Gaza

Women representing 13 countries spanning five continents began their journey yesterday on Zaytouna-Oliva to the shores of Gaza, which has been under blockade since 2007. On board are a Nobel Peace Laureate, three parliamentarians, a decorated US diplomat, journalists, an Olympic athlete, and a physician. A list of the women with their background can be found here. More>>

Gordon Campbell: On The Key Style Of Crisis Management

At Monday’s post Cabinet press conference Key was in his finest wide- eyed “Problem? What problem?” mode. No, there wasn’t really a problem that top MPI officials had been at odds with each other over the meaning of the fisheries policy and how that policy should be pursued... More>>

ALSO:

Mt Roskill: Greens Will Not Stand In Likely Post-Goff By-Election

“The Green Party’s priority is changing the Government in 2017, and as part of that we’ve decided that we won’t stand a candidate in the probable Mt Roskill by-election... This decision shows the Memorandum of Understanding between Labour and the Green Party is working." More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news