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

 


Japan’s interest in joining TPP negotiations welcomed

Hon Steven Joyce
Acting Minister of Trade

Japan’s interest in joining TPP negotiations welcomed

Acting Minister of Trade Steven Joyce has welcomed the 15 March announcement by Japanese Prime Minister Abe of Japan’s interest in joining the negotiations for a Trans-Pacific Partnership Agreement (TPP).

“This expression of interest by one of the region’s largest economic players is consistent with the vision of TPP serving as a platform for broader regional economic integration in Asia-Pacific.”

“The next step will be for Japan to engage in bilateral and collective consultations with all TPP participants. During those consultations New Zealand will be looking for assurances that Japan is:

Committed to work with existing participants to achieve the ambition levels for TPP that are very clearly set out in the Honolulu Leaders/Ministers statements; and

Can contribute positively to the momentum achieved in the negotiations.”

“New Zealand expects that TPP Ministers will want to discuss next steps regarding Japan’s possible entry to the negotiations when they meet in the margins of the APEC Trade Ministers meeting in Surabaya, Indonesia on 20/21 April.”

Mr Joyce reiterated that current participants are working to achieve a comprehensive, high-standard agreement as described in the Outlines of the TPP Agreement announced by TPP Leaders in Honolulu on November 12, 2011 and are looking to conclude negotiations of such an agreement in 2013.

Background

TPP is a negotiation for a regional free trade agreement, currently among 11 countries: Australia, Brunei Darussalam, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, the United States, Singapore, and Viet Nam. Together these countries represent a combined GDP of US$21 trillion and account for 38 per cent of New Zealand exports.

Japan is New Zealand’s 4th largest individual trading partner. In the year to December 2012 two-way trade stood at NZ$6.2 billion. New Zealand exports to Japan were NZ$3.2 billion, accounting for 7 per cent of total exports. Should Japan join the TPP negotiations it would be the second largest economy involved adding nearly US$6 trillion to the combined TPP GDP.


ends


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

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.

“Despite an explicit assurance from Minister Smith that the new water standards would provide for human and ecosystem health, he has failed to deliver on either of these things,” says Forest & Bird CEO Kevin Hague. 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:


Megaupload Case: High Court Rules Dotcom, Co-Accused Eligible For Extradion

Internet entrepreneur Kim Dotcom and his three co-accused are eligible for extradition to the United States, New Zealand's High Court ruled... Justice Murray Gilbert upheld a decision by the District Court that there were grounds for Dotcom, Mathias Ortmann, Bram van der Kolk and Finn Batato to be extradited. More>>

ALSO:

PREVIOUSLY:

Port Hills Fire: Midday Update, Monday 20 February

• 9 homes destroyed
• 2 homes with partial damage. Damage includes things like cracked windows, heat damage.
• 3 properties with damage to other external structures e.g sheds or outbuildings More>>

ALSO:

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news