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


NZ and China launch FTA negotiations

NZ and China launch FTA negotiations

Prime Minister Helen Clark today announced that New Zealand and China will commence negotiations on a free trade agreement within weeks.

Helen Clark made the announcement today after meeting President Hu Jintao of China at the APEC leaders’ meeting in Santiago. The two leaders released a study jointly prepared by New Zealand and Chinese officials on the feasibility of a New Zealand China FTA.

The study concluded that an FTA would benefit the people and economies of both countries. The negotiations will cover goods, services and investment.

“The removal of barriers to trade is a key element of the government’s growth and innovation agenda. An FTA provides the best opportunity to do this.” Helen Clark said.

“Our exports to China, the study says, will grow by as much as up to $NZ400 million a year over the next twenty years. This means more jobs and long term prosperity for New Zealanders.”

“This is an opportunity to level the playing field and create new opportunities for exporters. The study does recognize that a limited number of sectors in both countries will face challenges as they make any necessary adjustments, but the government is confident these can be addressed.

“I am very pleased at the level of political engagement which China has given to the FTA process. This is a concrete demonstration of the strong bilateral ties that our government has developed,” Helen Clark said.

New Zealand is the first developed country to recognize China as a market economy, and the first to launch an FTA negotiation with this fast growing economy.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines


Wellington: Predator Free Capital Plan

Wellington City Council (WCC), the Greater Wellington Regional Council (GWRC) and NEXT Foundation, today announced a joint collaboration to make Wellington the first Predator Free capital city in the world. More>>


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>>

Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news