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

 


New Zealand gains observer access to Latin American bloc

Hon Tim Groser
Minister of Trade

23 November 2012

New Zealand gains observer access to Latin American bloc

New Zealand has been granted observer status to the fast-growing Latin America economic bloc known as the Pacific Alliance, which includes Mexico, Chile, Colombia and Peru.

Trade Minister Tim Groser says observer status gives New Zealand a chance to forge closer links in the region.

“New Zealand values its engagement with these like-minded Latin American countries. Intensifying our relationship with them via the Pacific Alliance provides real opportunities for New Zealand trade with the region.”

The Pacific Alliance was formed in April 2011, with the aim of facilitating regional economic integration in a way that complemented existing bilateral agreements between members.

The current grouping brings together a population of 215 million and combined GDP of more than US$2 trillion. Together Mexico, Chile, Colombia and Peru account for 35 percent of the GDP of Latin America and the Caribbean, and represent more than half of the region’s trade.

New Zealand already works closely with Mexico, Chile and Peru in the context of the Trans-Pacific Partnership negotiations and APEC, and shares with all members the goal of Asia-Pacific economic integration.

“Observer status offers New Zealand an additional strand to our already warm and comprehensive relationships with each Pacific Alliance member,” says Mr Groser.

“As an observer, New Zealand will be better placed to build our existing relationships, and to share experiences and learning on integration within the Asia-Pacific region.”
ends


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Mt Albert: Ardern Wins

Jacinda Ardern’s victory in the Mt Albert by-election shows Labour is winning and is ready to fight on what matters most to New Zealanders, says Labour Leader Andrew Little.

“I congratulate Jacinda on becoming the new MP for Mt Albert. She’ll represent her constituents with the kind of energy and dedication she’s already shown in her eight years as a list MP...

“With Jacinda now confirmed in Mt Albert Labour will welcome a new list MP who is likely to be Raymond Huo." More>>

 

2040 Target And Lower Standards: “Swimmable” Rivers Five Times More Likely To Make You Sick

Forest & Bird has condemned the government’s new water quality standards, warning New Zealanders that they lock in current levels of water pollution and allow for a 5-fold increase in the chance of getting sick from swimming in a river. More>>

ALSO:

Immigration: Clampdown On Rogue Employers Good First Step

The Human Trafficking Research Coalition is pleased at the new clampdown on rouge employers who exploit migrants announced by Minister Woodhouse this morning, and believes this is a step in the right direction. More>>

ALSO:

Mayor: 750 New Social And Affordable Homes For Wellington (Over A Decade)

The next stage of Wellington’s Housing Upgrade Programme will see at least 750 new units of social and affordable housing built over the next decade, Mayor Justin Lester has announced. More>>

ALSO:


22/2: Christchurch Quake Memorial Unveiled

A city, a region, a nation and an international community impacted by the Canterbury Earthquakes will come together to mark the sixth anniversary of the deadly quake and dedicate Oi Manawa Canterbury Earthquake National Memorial. More>>

ALSO:


November Quakes:

Gordon Campbell: On The Mana-Maori Party Deal

If the self-interest involved wasn’t so blatant, the electorate deal between the Maori Party and Hone Harawira would be kind of poignant. It’s a bit like seeing the remaining members of Guns’n’Roses or the Eagles back on the road touring the nostalgia circuit… playing all the old hits of Maori unity and kaupapa Maori politics. More>>

ALSO:

Private Provision: First Social Bond To Focus On Mental Health

New Zealand’s first social bond will help around 1700 people with mental illness into work, Finance Minister Steven Joyce and Social Investment Minister Amy Adams say. More>>

ALSO:

Immigration: Short Reprieve For Nine Indian Students

A temporary hold on deportations of nine Indian students is a step in the right direction but the Government urgently needs to implement safeguards to stop further injustices to more international students, the Green Party says. More>>

EARLIER:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news