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

 

Parliament Today:

The Kids: OECD Report Shows Huge Impact Of Poverty On Education

A new report from the OECD has again highlighted the negative effects of poverty, showing that disadvantaged children in New Zealand are more than six times more likely to underachieve in maths than children from wealthier homes. More>>

ALSO:

Pacific: NZ Pledges $500,000 To Help Address Zika

“With the Zika virus now confirmed in a number of Pacific countries, New Zealand is committed to helping limit the impact and spread of the virus in the region,” says Mr McCully. “New Zealand will provide $250,000 as a contribution to the WHO to implement the Pacific Zika Action Plan, and a further $250,000 to enable countries in the region to respond rapidly if required." More>>

ALSO:

Labour: Police Commissioner 'Doesn’t Get Force Needs'

The Police Commissioner has let down the public and his own force by insisting the police have what they need despite it taking a year to solve a burglary and overwhelming number of officers saying they are under-resourced, says Labour’s Police spokesman Stuart Nash. More>>

ALSO:

Gordon Campbell: On The US Pressure To Expand Our Role In Iraq

Foreign news services are being more forthcoming about what the “next 12 months” will entail – essentially, the defence ministers will be under US pressure to increase their “training” role preparatory to an assault on the city of Mosul in northern Iraq. More>>

ALSO:

Parliament Restarts: Prime Minister’s Statement

Our policy agenda and legislative programme will reflect the Government’s four priorities: • to responsibly manage the Government’s finances • to build a more competitive and productive economy • to deliver better public services to New Zealanders, an • to support the rebuilding of Christchurch. More>>

ALSO:

NZEI Survey Report: Special Needs Students Missing Out

The survey revealed that around 16 percent of students were on schools’ special needs registers, but nearly 90 percent of schools’ special needs coordinators did not believe there was adequate support for students and their learning... More>>

ALSO:

Interim Report: Waitangi Tribunal On Ture Whenua Legislation

Labour on Proposed changes to Maori land rules: “To have Treaty Negotiations Minister Chris Finlayson dismiss findings as ‘bizarre’ is totally disingenuous and disrespectful. What’s bizarre is Maori Development Minister Te Ururoa Flavell stubbornly pushing through this Bill before the Waitangi Tribunal has even completed its report..." More>>

ALSO:

Spy Update: Appointment Of GCSB Acting Director

GCSB Chief Legal Advisor Lisa Fong will become the Acting Director of the Government Communications Security Bureau (GCSB) from 15 February 2016, Minister Responsible for the GCSB Christopher Finlayson announced today. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news