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

 

The NZ-US Council strongly endorses TPP


7 April 2016

The NZ-US Council strongly endorses TPP

The New Zealand – United States Council strongly supports the ratification of the Trans Pacific Partnership (TPP) at the select committee examination of the Agreement.

“The TPP creates a more level playing field. It gives New Zealand greater access to the US economy. This is in the interests of our exporters and of New Zealand,” NZ-US Council Executive Director Ms Cooper Clarke says.

“Since its inception, the NZ-US Council has been promoting the strategic importance of a strong, mutually beneficial NZ-US relationship and encouraging deeper trade and investment connections between the two countries.

“A key priority for the NZ-US Council has been a free trade agreement (FTA) between New Zealand and the USA, the world’s largest consumer market.

“We are delighted that New Zealand will achieve this objective through the Trans Pacific Partnership. This will be the first time that New Zealand and the USA have entered into an FTA relationship.

“The USA is already a significant trading partner for New Zealand but there is much scope to expand the economic relationship. The TPP will enrich and enhance the NZ-US relationship, encouraging more trade, investment and innovation.”

Joining the TPP will provide New Zealand exporters with immediate and substantial economic benefits through reduced tariff rates in key markets. Based on the National Interest Analysis, the TPP could deliver tariff savings on New Zealand exports to the US markets of NZ$45 million upon entry rising to NZ$52 million per year when the agreement is fully implemented, not including any dynamic gains from trade.

“The TPP will help level the playing field for New Zealand exporters to US markets, make it easier for New Zealand and US firms to do business together, and deliver closer, more efficient regional and global supply chains,” Ms Cooper Clarke says.

“The TPP will enhance two-way trade and investment and create a formal framework linking our two economies.

“The NZ-US Council strongly endorses the ratification of the Trans Pacific Partnership for the benefit of NZ-US relations.”

ENDS

© 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