Parliament

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

 

Study predicts access boost from Thai trade deal

Media Statement
26 April 2004

Study predicts access boost from Thai trade deal

Significantly improved access for New Zealand’s exports to Thailand is expected following the negotiation of a Closer Economic Partnership agreement, according to a joint study conducted by the two governments.

Acting Trade Negotiations Minister Phil Goff, who published the study in New Zealand today, said the pursuit of improved conditions for New Zealand’s exporters was a top priority for the Government.

In line with this strategy the Prime Ministers of New Zealand and Thailand agreed in November last year that the negotiation of a trade-liberalising CEP should follow preparation of a joint study.

"This study highlights benefits for both Thailand and New Zealand in entering into the trade partnership," Mr Goff said.

“The two economies are largely complementary with primary products dominating New Zealand exports in exchange for mostly machinery and manufactured imports from Thailand.

“New Zealand and Thailand have a close and longstanding relationship. The flow of business people, tourists and students between our countries has resulted in a high degree of familiarity and understanding of each country’s people and cultures.

"This means that both countries will be well equipped to take advantage of opportunities for mutually beneficial collaboration under the agreement making both countries more competitive in the global market place.”

Mr Goff said Thailand was a dynamic, rapidly modernising economy. It is an increasingly important hub for doing business in Southeast Asia.

Two-way goods trade between New Zealand and Thailand was worth more than NZ$800 million in 2003. Services trade is also important, with nearly 20,000 Thai tourists and 3,400 students having visited and studied here last year.

"New Zealand exports to Thailand face a range of tariff and non-tariff barriers that currently restrict trading opportunities," Mr Goff said.

“The reduction of tariffs and the removal of other trade barriers through a CEP is expected to generate real benefits for New Zealand exporters of both agricultural and manufactured products.

"For example, dairy exports face tariffs of between 18 and 30 percent plus quota restrictions; which horticulture (up to 40 percent), meat (30 to 50 percent), and manufactured exports (up to 20 percent) all currently attract stiff tariffs.

"The study also looks at opportunities from improved trade in services and investment connections and government cooperation in other trade related areas."

Mr Goff said there had been a good response from exporters and other stakeholders to the earlier call for submissions on the proposed CEP.

“Further views and information on issues covered in the study will be welcomed by the New Zealand negotiating team. The team will continue to consult with interested parties as the negotiations proceed."

Negotiations are expected to be concluded by the end of this year.

A full version of the study is available on the Ministry of Foreign Affairs and Trade website (www.mfat.govt.nz). Copies of the joint study are currently being printed and will be sent to businesses, organisations and individuals who have expressed an interest in the New Zealand/Thailand CEP.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them.

Finally, yesterday’s announcement by the Ardern government that a new state agency will be set up to assess and plan the manned re-entry to the mine (on a set timetable) goes a long way to meeting the families’ remaining request: that they be enabled, if at all possible, to bury their loved ones. More>>

 

Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>

ALSO:

Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>

ALSO:

Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>

ALSO:

Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

Speaking Of Transport: Public Engagement On Wellington Scenarios

“Our work on possible solutions for Wellington’s transport future is ongoing, but has progressed to the stage where we’re ready to share our ideas with the public and seek their feedback to help guide our next steps...” More>>

ALSO:

Parental Leave: National's Time-Sharing Change Fails

National has proposed a change to the Parental Leave and Employment Protection Amendment Bill that would allow both parents to take paid parental leave at the same time, if that is what suits them best. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages

Opening the Election