Celebrating 25 Years of Scoop
Special: Up To 25% Off Scoop Pro Learn More
Parliament

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

 

Is It In New Zealand’s Best Interests?

TRADE AGREEMENT: IS IT IN NEW ZEALAND’S BEST INTERESTS?

The Rt Hon Winston Peters MP, said today that New Zealand First recognises that New Zealand must be a full participant in international trade, and that our future depends on our ability to rapidly expand our exports and increase our economic and employment opportunities. Bilateral trade agreements are a part of this reality.

Such agreements must pass some key tests relating to New Zealand’s best interests.

Such tests must include:

 Whether the agreement is consistent with rules relating to Foreign Investment being in New Zealand’s national interest. We do not believe that a $50m floor is consistent with New Zealand’s sovereign interests.

 Whether the health and rights of New Zealand consumers, employees, and businesses are properly protected

 Whether by this trade agreement we are prevented from enacting sound laws protecting consumers’ right to knowledge of genetically engineered or modified foods and products

 New Zealand’s right to enact appropriate laws ensuring that the manufacturers of GE and GM products are covered by the same laws that affect all other producers and manufacturers.

“New Zealand First is not prepared, as a matter of principle, to have an area of trade that allows the sale of foreign products exempt from negligence suits, or permit the sale of products that offend the principle that goods for sale must be “fit for the purpose for which they are sold” or that allows for the sale of products for which the manufacturer cannot obtain any insurability.

Advertisement - scroll to continue reading

Are you getting our free newsletter?

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.

“Neither are we prepared to allow international arrangements between two countries that enables an outside entity, through the creation of a shelf company or other like means, to gain by such a device, the privileges and protections of this agreement.

“Neither is New Zealand First to allow international agreements which encourage a separatist approach to the people of New Zealand.

“For the aforementioned reasons New Zealand First is eager to study the provisions of the draft agreement to ensure that they comply with New Zealand’s long term economic and social interests,” said Mr Peters.


ENDS

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 
 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels


 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.