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


Goff welcomes ASEAN move on FTA

Goff welcomes ASEAN move on FTA

Foreign Minister Phil Goff is warmly welcoming news that ASEAN Economic Ministers have recommended to their leaders that Australia and New Zealand be invited to take part in discussions on an Free Trade Agreement.

“An FTA with ASEAN (the Association of South East Asian Nations) would link the CER economies with 10 countries that have a combined population of 500 million people and GDP of $US737 billion,” Mr Goff said. “Estimates done several years ago of the collective gains from such an agreement were in the region of $48 billion. “NZ and Australia, as CER partners, have worked progressively towards such a goal for several years. “New Zealand will celebrate 30 years of dialogue partnership with ASEAN next year and the idea of a summit meeting and the proposal to enter discussions on an FTA fit well with New Zealand’s wish to reinvigorate relations with our ASEAN partners.

“In recent years, ASEAN countries have extended their trade and economic links with China, Japan, the Republic of Korea and India. New Zealand has a strong interest in being part of the important economic structures emerging in East Asia. Our Closer Economic Partnership with Singapore and negotiations with Thailand this year are already part of this picture. “The proposed discussions towards an FTA with ASEAN offer exciting opportunities for New Zealand to benefit from closer involvement in a dynamic region where we have long-standing links in many fields.

“New Zealand exports to ASEAN nations totalled $2.2 billion last year, but the immense potential of the region as a single market is reflected in trade between ASEAN members reaching $US720 billion in 2003.

“Our exporters do not face many major barriers to goods trade with the region but an FTA would potentially open new opportunities for growth in our services and investment sectors, as well as in educational and technological exchanges,” Mr Goff said.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


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>>


Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>


Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news