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


NZ congratulates Australia, US on FTA

NZ congratulates Australia, US on FTA

Foreign Minister Phil Goff today congratulated Australian and United States negotiators for concluding a bilateral free trade agreement.

Mr Goff said New Zealand had always supported the idea of an AUSFTA.

"While this was obviously a long and difficult negotiating process, I am pleased that the two sides have been able to reach a deal which satisfies their national interests.

Mr Goff said the New Zealand government would be studying the final text closely once it was released.

"Even though both Australia and the US may not have been able to get everything they wanted in this agreement, nonetheless every step towards greater trade liberalisation is to be welcomed.

"Australia is our largest trading partner and the US our third largest. Anything that strengthens either economy creates opportunity for New Zealand. Diversion of Australian trade from other markets to the US also potentially opens up opportunities for New Zealand.

"Conversely, as a CER partner, there is in the reduction of trade barriers between Australia and the US some risk of investment and trade diversion from New Zealand.

"As far as New Zealand is concerned, we remain interested in the possibility of a bilateral free trade agreement of our own with the United States, and we will continue to raise this with the US administration.

"We believe that the integration of the Australian and New Zealand economies means that negotiations with New Zealand in due course would be a logical step.

Mr Goff said that as well as continuing to pursue an FTA with the United States, New Zealand would be working closely with Australia, the US and other partners interested in pushing ahead with the Doha Development Round for global trade liberalisation.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On Judith Collins’ Efforts At Self Correction

Thousands of prisoners currently in prison may be entitled to an earlier release than expected – and compensation – because Corrections has incorrectly calculated their term of imprisonment. Unless of course, the government buries its mistakes by changing the law and retro-actively getting itself off the hook… More>>


More Justice & Corrections

Sector Opposes Bill: Local Government Bill Timeframe Extended

The Minister of Local Government Peseta Sam Lotu-Iiga has asked the Select Committee to extend the report back date for the Local Government Act 2002 Amendment Bill (No 2). More>>


Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>


Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>


General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news