Parliament

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

 

NZ First Pulls Reins on Tppa ‘Trojan Horse’ Nightmare

NZ First Pulls Reins on Tppa ‘Trojan Horse’ Nightmare

New Zealand First is taking emergency measures to axe the Trans Pacific Partnership Agreement’s (TPPA) ‘Trojan Horse’ provisions, which will allow foreign corporations to sue the New Zealand government for billions of dollars.

“New Zealand First is bringing forward the Fighting Foreign Corporate Control Bill to ban our government from signing any treaty, which gives foreign corporates the right to seek compensation if they believe our laws affect their business,” says Fletcher Tabuteau, New Zealand First Spokesperson for Commerce and Trade.

“Leaks from the Trans Pacific Partnership Agreement negotiations show it’s full of nasty details. One of the nastier provisions puts the interests of foreign corporates ahead of the New Zealand public.

“It is not just the TPPA but the National government signed us all up to the New Zealand-Korea Free Trade Agreement which has ‘an investor clause.’

“This is wrong. New Zealanders must rule our country, not foreign businesses. New Zealand absolutely relies on our exports so trade is essential but the price of trade agreements shouldn’t mean selling our soul.

“New Zealand First’s Bill will stop provisions known as investor-state dispute settlements.

“It is wrong that the National government maintains a shroud of secrecy around TPPA negotiations, especially when they go well beyond being just a trade agreement. National must do right by New Zealanders and let them know just what this government is prepared to give away to overseas corporates.

“New Zealand First’s Fighting Foreign Corporate Control Bill will mitigate the worst of these new age trade deals,” Mr Tabuteau said.

ENDS

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On The Rivals For The Covid Saliva Testing Dollar

If you want a good insight into what the limits of tiny, barely discernible steps to reduce poverty actually look like, delve into the latest Statistics Department figures on poverty in New Zealand Most of the nine measures utilised reveal little or no progress in combatting poverty over the 21 months to March 2020... More>>


 

Government: Reserve Bank To Take Account Of Housing In Decision Making

The Reserve Bank is now required to consider the impact on housing when making monetary and financial policy decisions, Grant Robertson announced today. Changes have been made to the Bank’s Monetary Policy Committee’s remit requiring it to take into ... More>>

ALSO:


RNZ: Alert Levels Remain

There are no new community cases of Covid-19 today, the Ministry of Health has confirmed.
Covid-19 Response Minister Chris Hipkins says at least half of the Papatoetoe High School community have been tested and the results that have come through so far have all been negative... More>>

ALSO:

Stats NZ: Latest Release Of Child Poverty Statistics

All measures of child poverty were trending downwards, prior to the COVID-19 lockdown, across the two years since year ended June 2018, Stats NZ said today. The COVID-19 lockdown in late March 2020 affected Stats NZ’s ability to collect data from households ... More>>

ALSO:


NZ Initiative: New Report Highlights How Our Housing Crisis Could Worsen If We Don’t Act Now

If New Zealand politicians thought the housing crisis in 2020 was bad, the worst is yet to come, warns a new report by The New Zealand Initiative. In The Need to Build: The demographic drivers of housing demand , Research Assistant Leonard Hong ... More>>

Parliament: Kiwi MPs Among The “Most Educated In The World”

New analysis of MP qualifications reveals New Zealand’s Parliament is one of the most educated and highest qualified in the world, and significantly more educated than Australia’s. The research, by Mark Blackham of BlacklandPR and Geoffrey Miller ... More>>

The Dig: An Illogical Ideological Struggle

Dig beneath all the trade wars and the arguments to the effect that the USA should not permit China to achieve economic and technological superiority, or even parity, and you find the real reason behind the conflict... More>>

Travel: Government Eases Visa Restrictions For Visitors In New Zealand

Visitor visa holders will be able to stay in New Zealand a little longer as the Government eases restrictions for those still here, the Minister of Immigration has announced. More>>

 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels