Parliament

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

 

Pacific Trade Agreement Comes Into Force


Media Statement

3 October 2002

Pacific Trade Agreement Comes Into Force

The Pacific Agreement on Closer Economic Relations comes into force today, Trade Negotiations Minister Jim Sutton said.

PACER is the overarching framework agreement setting out the basis of trade relations between the 16 Forum Island members, including New Zealand and Australia. It could lead to a Closer Economic Partnership trade agreement between Pacific Island countries and Australia and New Zealand in the future.

Mr Sutton said that now the PACER was in force, it would trigger a programme of trade facilitation measures designed primarily to benefit the Forum Island Countries.

New Zealand has already earmarked $250,000 for this programme, which will be developed and coordinated through the Forum Secretariat over the next year. The programme aims to build capacity and help streamline processes in the areas of sanitary, phyto-sanitary matters, customs procedures, and standards and conformance.

"PACER provides a trigger mechanism that gives New Zealand and Australia equal opportunity to enter into discussions towards a free trade arrangement should the Forum Island States commence negotiations with another developed country or region. An example would be negotiations that the Pacific ACP members are planning to enter into with the European Union under the Cotonou Agreement.

"The PACER is a very positive step for the region as it provides an important framework for the future development of trade and economic cooperation in our region".

New Zealand merchandise exports to the Pacific region for the year 2001 amounted to $828 million.

ENDS


© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Why New Zealand Needs To Change Its Defence Habits


In a flashback to the military displays of days gone by, one of our frigates recently joined a Carrier Strike show of force in the South China Sea, en route to a joint military exercise in Singapore with our traditional allies, called BersamaGold21. Reportedly, Anna Powles, from the Centre of Defence and Security Studies at Massey University felt this to be a case of us doing our bit to uphold international law, and the right of free transit through the region in question... More>>

Government: New COVID-19 Protection Framework Delivers Greater Freedoms For Vaccinated New Zealanders


Vaccinated New Zealanders will regain everyday freedoms when the country moves to a new simplified COVID-19 Protection Framework that doesn’t rely on nationwide lockdowns as the main measure to stop the virus spreading. In a suite of announcements that establish a pathway out of restrictions the Government is also providing up to $940 million per fortnight to support businesses through the challenging period... More>>

ALSO:





 
 


Government: Responds To Independent Review Into WorkSafe

The Government has clear expectations that WorkSafe must action the recommendations of the independent review into the regulator to improve its management of adventure activities following the tragedy at Whakaari White Island, Workplace Relations and Safety Minister Michael Wood says... More>>

Government: New Zealand Secures Historic Free Trade Deal With The United Kingdom
New Zealand and the United Kingdom have agreed in principle the details of a historic Free Trade Agreement (FTA), which will further accelerate our COVID-19 economic recovery say Prime Minister Jacinda Ardern and Minister for Trade and Export Growth Damien O’Connor... More>>

ALSO:

Ombudsman: Launches Investigation Into MIQ Booking System
The Chief Ombudsman Peter Boshier is launching a broad investigation into the Managed Isolation and Quarantine (MIQ) booking system after receiving hundreds of complaints... More>>

ALSO:


Pay Cheque To Pay Cheque: Half A Million New Zealanders Have No Savings
New findings from the Consumer NZ sentiment tracker found that 15% of New Zealanders had no savings, and a further 27% were anxious about their level of savings and would like to have more tucked away... More>>


Government: Mandatory Vaccination For Two Workforces

Large parts of two workforces critical to preventing the spread of COVID-19 will be required to be vaccinated, COVID-19 Response Minister Chris Hipkins said today. “Our education and health and disability workforces have done an incredible job throughout this pandemic to keep themselves and people safe,” Chris Hipkins said.... More>>


Green Party: Deeply Concerned Space Launches May Be Breaching Nuclear-free Laws

The Green Party is deeply concerned that space launches by Rocket Lab may be breaching nuclear-free laws, given our long-standing position as a signatory of the Nuclear Non-Proliferation Treaty... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels