Parliament

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

 

No change in Airline Investment Stance

20 November 2000 Media Statement

No change in Airline Investment Stance

New Zealand’s policy on foreign investment in Air New Zealand has not changed, Transport Minister Mark Gosche said today.

Mr Gosche was commenting on a media report that a new multilateral air agreement between New Zealand, the United States, Singapore, Brunei and Chile, agreed to this week, could lead to an easing of restrictions on the foreign ownership of Air Zealand.

Mr Gosche said the New Zealand government’s policy on this issue remained the same as it had been previously.

“That policy requires that designated New Zealand international airlines will continue to be required to be substantially owned and effectively controlled by New Zealand nationals.

New Zealand has 17 bilaterals in which there are no requirements for its airlines to be “substantially owned” by New Zealand nationals.

The new multilateral agreement saw the other parties to that agreement persuade the United States that it was not necessary to have such a restriction in an intergovernmental agreement.

The removal of this criterion removes a possiblility for another state (in this case the United States) to refuse to accept the designation of an airline of any of the other four countries on the grounds of the source of its equity.

“The Government’s policy on this issue is not up for negotiation,” Mr Gosche concluded.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Labour Refusing To Lead A Progressive Drugs Policy

Once again, Labour has chosen not to use (a) its parliamentary majority and (b) the huge mandate it was given at the last election in order to (c) bring about progressive social change. Once again, Labour seems to regard its main purpose for being in power as being to keep National and Act out of power. Will Labour for instance, overhaul our out-dated, unsafe, and unjust laws on drugs? No, it will not... More>>

 

Agriculture: Government To Phase Out Live Exports By Sea

The Government has announced that the export of livestock by sea will cease following a transition period of up to two years, said Agriculture Minister Damien O’Connor. “At the heart of our decision is upholding New Zealand’s reputation for high ... More>>

ALSO:

Norman Gemmell: New Zealand’s New Housing Policy Is Really Just A New Tax Package — And It’s A Shambles

Norman Gemmell , Te Herenga Waka — Victoria University of Wellington Economists like to talk about “optimal policy instruments” — essentially, policies that achieve their objectives more effectively or efficiently than the alternatives, and ... More>>

Climate Change: Emissions Report Shows Urgent Action Needed

Every part of Government will need to take urgent action to bring down emissions, the Minister for Climate Change, James Shaw said today in response to the recent rise in New Zealand’s greenhouse emissions. The latest annual inventory of New ... More>>

ALSO:


Claire Breen: ACC’s Policy Of Not Covering Birth Injuries Is One More Sign The System Is Overdue For Reform

Claire Breen , University of Waikato Recent media coverage of women not being able to get treatment for birth injuries highlights yet another example of gender bias in healthcare in New Zealand. More>>

Police: Police Accept Findings Of IPCA Report Into Photographs Taken At Checkpoint

Police accept the findings of a report by the Independent Police Conduct Authority (IPCA) relating to photographs taken at a checkpoint in Northland. On November 16, 2019, Police set up a checkpoint down the road from a fight night event in Ruakaka ... More>>

ALSO:

Health: Drug-Testing Law To Be Made Permanent

Interim legislation that is already proving to keep people safer from drugs will be made permanent, Health Minister Andrew Little says. More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels