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Street to support signing of Malaysia FTA
23 October 2009 Media Advisory
Street to support signing of
Malaysia Free Trade Agreement
Labour’s Trade Spokesperson Maryan Street
will this weekend be accompanying Prime Minister John Key
and Trade Minister Tim Groser to Malaysia to witness the
signing of the Malaysia bilateral Free Trade Agreement in
Kuala Lumpur.
“It is important that Malaysian and New Zealand business people understand that New Zealand’s approach to trade is shared by both major parties,” said Maryan Street.
“My attendance at the signing of the FTA
with Malaysia underlines that point and
continues the
tradition developed by Labour Leader, Phil Goff, when he was
Trade Minister. He would take Tim Groser, then Opposition
Trade Spokesperson, with him to FTA signings. This is the
second time this year that Tim Groser has invited me to
attend such an event and I am pleased to do so.
“The Malaysian bilateral agreement builds on the Australia-New Zealand-ASEAN Free Trade Agreement signed in February this year. It is even more favourable to us than that one and will see the elimination of tariffs on New Zealand exports to Malaysia reduce virtually to zero over the next few years.
“Malaysia is our sixth biggest trading partner and this agreement will only be good for our exporters,” she said.
“I will also be visiting the UNHCR compound in Kuala Lumpur, as I did in 2006, to receive an update on the plight of Burmese refugees there.”
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