Parliament

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

 

AFTA & CER To Investigate Free Trade Area


MEDIA STATEMENT
1 October 1999
FOR IMMEDIATE RELEASE


Trade Ministers from ASEAN, Australia and New Zealand have today agreed to establish a high-level ASEAN Free Trade Area (AFTA) / Closer Economic Relations (CER) Task Force to look into the feasibility of establishing a free trade area by 2010, according to Trade Minister Lockwood Smith.

Ministers' nominated HE Mr Cesar Virata, former Prime Minister of the Philippines to lead the study, which will be completed in time for consideration at the ASEAN Economic Ministers' Meeting to be held in Thailand in October 2000.
Speaking from Singapore at the conclusion of the annual AFTA / CER consultations, Dr Smith said that he was delighted that this initiative has been accepted by all ASEAN and CER Ministers.

"The CER / AFTA dialogue has been underway for some years now as a process of developing support for a much closer economic relationship between these two key free trade areas in our region," Dr Smith said.

"The decision to negotiate a free trade area between New Zealand and Singapore, announced by Prime Ministers Jenny Shipley and Goh Chok Tong at the APEC Meetings in Auckland on 11 September, was taken with a view to providing a catalyst for a development such as this.

"I'm delighted that this agreement appears to have had an immediate and positive impact on this much broader group. The FTA between Singapore and New Zealand will link directly into APEC's Bogor Goals of free and open trade across the region, and will provide useful momentum to APEC's ongoing work. If this agreement between our two countries were then to be followed by the negotiation of a FTA linking all the economies of ASEAN and CER, that would have far reaching and positive implications for New Zealand's future.

"Clearly, with the new World Trade Organisation round, our objective is to promote New Zealand's economic interests in all areas using whatever opportunities present themselves. In the long run however, this should not obscure the reality that New Zealand's fundamental interests are working ever closer with Australia, and key economies of our region, including in Asia and the Americas. We believe this study can only contribute to that strategy.
We will be consulting closely with stakeholders within New Zealand, particularly within the rural, manufacturing and services sectors, to ensure that their views are taken into account in the development of this study.
Dr Smith returns to New Zealand on Saturday 2 October 1999.


ASEAN is made up of Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Crowdsale And Crowdfunding Campaign: Help Create The Future Of Independent News

Two weeks to go! The Scoop 3.0 plan aims to create NZ’s first community-owned, distributed news and media intelligence ecosystem in 2019. We believe this ScoopPro media monetisation approach can be scaled and spread globally to support local and independent news efforts in regional New Zealand and around the world.

Scoop is an ecosystem, it would not exist without those who contribute to it, read it and rely on it for professional media purposes. Generous past support from this ecosystem has enabled us to come this far in developing our business model. Support our PledgeMe Campaign>>

 

14/11: Two Years’ Progress Since The Kaikoura Earthquake

Mayor John Leggett said it was a day for reflection, but also a time to recognise the work by many people to support progress towards recovery made across Marlborough since November 2016. More>>

ALSO:

Pike River: Mine Drift Re-Entry Plan To Proceed

“I’ve decided the Te Kāhui Whakamana Rua Tekau Mā Iwa - Pike River Recovery Agency, recommended course of action to enter the drift, using the existing access tunnel, is by far the safest option,” said Andrew Little. More>>

ALSO:

Appointments: New High Commissioner To Australia Announced

“Dame Annette King needs no introduction given her long running career as a parliamentarian where she has previously held a number senior Cabinet portfolios, including Justice, Police and Health. She also was Parliament’s longest serving female MP with 30 years’ service,” said Mr Peters. More>>

ALSO:

Two Years Since Kaikoura: Silvia Cartwright To Lead Inquiry Into EQC

“The inquiry will be the first of its kind under the Public Inquiries Act 2013 and will have all the powers of a Royal Commission, be independent of Government and make its report directly to the Governor-General. More>>

ALSO:

Gordon Campbell: On The Royal Commission Into Child Abuse

Obviously, it is good news that the coalition government has broadened the scope of its Royal Commission into the abuse of children, beyond its previous focus on children in state care. More>>

ALSO:

Cases Delayed: Court Staff Refuse To Handle Sentencing Papers

Dozens of court cases have reportedly been delayed, as court staff escalate industrial action at two Auckland courts by enforcing a ban on handling sentencing papers. More>>

ALSO:

Education: Primary Teachers Rolling Strikes

RNZ Report: More than 100,000 primary school students in Auckland will be home from school today as teachers and principals walk off the job for the second time this year. It's the start of a week of rolling one-day strikes around the country, after the collapse of contract negotiations last Thursday. More>>

ALSO:

"Process Was Sound": Inquiry Into Haumaha Appointment Released

The Inquiry’s purpose was to examine, identify, and report on the adequacy of the process that led to the appointment. It found the process was sound and no available relevant information was omitted. More>>

ALSO:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels