Parliament

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

 

Budget strengthens trade effort

Our ability to negotiate the best trade deals in the interests of all New Zealanders will be strengthened by a significant funding boost for the Ministry of Foreign Affairs and Trade, Trade and Export Growth Minister David Parker said.

“This is an investment in the jobs and businesses that rely on exports. Facing threats of increasing barriers, New Zealand needs to fight harder than ever for open and free trade,” David Parker said.

Economists at MFAT estimate more than 620,000 workers, one in four, derive their livelihoods from exports.

“Those exports ensure we can earn the income that allows us to import the medicines, cell phones and vehicles that we do not make at home,” David Parker said.

But a rise in protectionist sentiment around the world and recent talk of trade wars make it more important than ever that New Zealand’s independent voice is heard and its diplomatic and negotiating presence is enhanced.

“It will also mean more resources to help us uphold existing rules in the WTO and work directly with our free trade partners.”

Foreign Affairs Minister Winston Peters has announced an operating expenditure increase of $150.4 million over the next four years, and an additional $40.3 million in capital expenditure. That will allow for an additional 50 foreign policy positions and the reopening of an embassy in Stockholm, Sweden.

The Government has an extensive negotiating agenda which requires more resources to deliver the best results for New Zealanders.

That includes the Regional Comprehensive Economic Partnership, involving 16 countries with a total GDP of US $23 trillion, the Pacific Alliance trade bloc of Mexico, Peru, Chile and Colombia and making the case for a deal with the Mercosur free trade grouping of Brazil, Argentina, Paraguay and Uruguay.

It is also hoped negotiations will start soon with the EU, which is our top trade priority.

At the same time we will be implementing – and possibly expanding – the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

“The Government has launched its progressive Trade for All agenda that recognises trade must benefit all, including small businesses, women and indigenous groups.

“Having an adequately-resourced ministry at home and internationally will contribute to the well-being of all New Zealanders,” David Parker said.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

"Systematic Murder": Complaint Filed To ICC Over Gaza Killings

Scoop's Alastair Thompson reports: At 10am on Thursday 17th May in a small office in the center of Lyon a detailed war crimes complaint on behalf of 562 victims and families of those seriously injured or killed in the Great Return March was submitted to the International Criminal Court by French lawyer Gilles Devers.

Over the past four years Kiwi journalist, investigator and human rights activist Julie Webb Pullman has trained and coordinated funding to assemble teams to collect evidence, interview witnesses and properly document thousands of individual war crimes committed in the period since Operation Protective Edge (2014). More>>

 
 

PM On Mycoplasma Bovis, Prisons: Working On It

At today's post-cabinet press conference Prime Minister Jacinda Ardern gave an update on the response to the spread of Mycoplasma bovis in New Zealand cattle. More>>

ALSO:

Alarm Bells: Teacher Shortages Worst Since Surveys Began

PPTA: “There is a wave of teachers about to retire and I’m embarrassed to say that we have reached the point where we are begging them to stay on… Young graduates no longer want to enter the profession, the pay is far too low compared to what they earn in other careers and, of the new teachers who do enter the profession, nearly half burn out and leave within five years.” More>>

ALSO:

Gordon Campbell: On Budget 2018

To put it mildly, Budget 2018 has not been an outbreak of wild-eyed, tax and spend liberalism... More>>

ALSO:

Corrections Officers: 600 New Prison Beds Not Enough

Finance Minister Grant Robertson announced 600 new prison beds to be built in modular units by the end of next year, but would not say whether the extension of Waikeria Prison would go ahead. More>>

ALSO:

Peters Returns: Visit Reinforces New Zealand-Japan Relationship

Deputy Prime Minister and Minister of Foreign Affairs Winston Peters has departed Tokyo following a productive three-day visit to Japan. More>>

ALSO:

Gordon Campbell: On Regressive Taxes

The headlines would have you believe that inflation is safely under control, but a Statistics NZ press release indicates that isn’t the reality being experienced by the poor, given how the steeply rising costs of smoking, petrol, rent etc are falling disproportionately on low to middle income earners. More>>

ALSO:

Overlapping Treaty Claims: ‘You Are Taking Us To War’

Treaty Negotiations Minister Andrew Little was speaking about the treaty process and the importance of communication when he was challenged by a kaumatua from Tauranga Moana. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

Featured InfoPages