Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Asia-Pac Business Leaders Support Liberalisation


Sir Dryden Spring, Chairman, WEL Networks Ltd
Wendy Pye, Managing Director, Wendy Pye Ltd
Philip Lewin, Chief Executive Officer, Positively Wellington Business
Brian J Lynch, Director, NZ Institute of International Affairs (Alternate Member)

“Asia-Pacific Business Leaders Strong Support for Liberalising Regional Trade”

‘The 2005 Report from the Asia-Pacific Business Council (ABAC) has clear and firm recommendations for the Leaders of the APEC economies when they meet in Busan, Korea, later this month,” the Chair of ABAC New Zealand, Sir Dryden Spring, said today.

“Our ABAC discussions through the year have been held against the background of growing unease over the slow pace and potential collapse of the WTO Doha trade negotiations. We have stressed to heads of government that no issue requires more urgent attention from them,” Sir Dryden said.

“They must show concerted, resolute leadership if the WTO ministerial conference scheduled for Hong Kong in early December is not to end in failure. A tangible outcome from these negotiations is vital for poor and rich economies alike, not least our own”.

“From New Zealand’s standpoint an important feature of the 2005 ABAC Report is the unqualified support for major liberalization in agricultural products including big tariff cuts, a significant increase in market access, and the elimination of export subsidies within five years .There is also strong endorsement of steps to reduce barriers to trade in non-agricultural items, and for improved offers from WTO members to expand trade in services”.

“Leaders have been advised that if the Doha talks drag on, or worse still are derailed, they should expect the option of freeing up trade through sub-regional preferential agreements will be pursued even more aggressively”.

“Our apprehension about the faltering multilateral negotiations is matched by concern over the limited progress towards the APEC goals of free and open trade and investment. There has been useful reforms in some areas but not across the board. We’ve called on Leaders to launch bold new initiatives to achieve their key goals. One is the concept of a free trade area covering all of Asia and the Pacific which we’ve asked be given serious study”.

“Likewise, we’ve put the case for a fresh agenda of ambitious measures to facilitate the movement of business people, goods and investment”.

“ABAC New Zealand has actively promoted these new concepts”.

Sir Dryden said the ABAC 2005 Report also contained other substantial and timely recommendations that reflected regional business concerns in fields such as capacity building for small and medium-size enterprises, energy supply and usage, financial services reform, and issues to do with information and technology.


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The New Pike River Agency (And The Air Strike Wing)

Much of the sympathy the public still feels for the families of the Pike River miners has been sustained by the sense that the previous government – let alone the mining company and the processes of receivership and litigation – has never dealt honestly, or fairly, with them.

Finally, yesterday’s announcement by the Ardern government that a new state agency will be set up to assess and plan the manned re-entry to the mine (on a set timetable) goes a long way to meeting the families’ remaining request: that they be enabled, if at all possible, to bury their loved ones. More>>


Not Going Swimmingly: Contractor Cut, New Dates For Christchurch Sports Centre

“As an incoming Minister, I have been conducting a thorough review of progress on the Anchor projects and to learn of a $75 million budget blowout on this project was very disappointing..." More>>


Tertiary: Allowances, Loan Living Costs To Get Boost

“From 1 January, student allowance base rates and the maximum amount students can borrow for living costs will rise by a net $50 a week,” says Education Minister Chris Hipkins... further adjusted from 1 April 2018 in line with any increase in the CPI. More>>


Foreign Affairs: Patrick Gower Interviews Jacinda Ardern

Prime Minister Jacinda Ardern says discussions have already begun on how to bring climate change refugees into New Zealand under a Pacific seasonal employment plan... More>>


Gordon Campbell: On The Centre Right’s Love Of ‘Nanny State’

You’d almost think it was 2005 again. That was a time when the rugged individualists of the centre-right were being beset by government regulations on the nature of light-bulbs, the size of shower heads, the junk food available at school tuck shops and other such essentials... More>>

Speaking Of Transport: Public Engagement On Wellington Scenarios

“Our work on possible solutions for Wellington’s transport future is ongoing, but has progressed to the stage where we’re ready to share our ideas with the public and seek their feedback to help guide our next steps...” More>>


Parental Leave: National's Time-Sharing Change Fails

National has proposed a change to the Parental Leave and Employment Protection Amendment Bill that would allow both parents to take paid parental leave at the same time, if that is what suits them best. More>>





Featured InfoPages

Opening the Election