Parliament

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

 

NZ to host RCEP negotiating round in Auckland


Hon Todd McClay

Minister of Trade

29 April 2016

NZ to host RCEP negotiating round in Auckland


Trade Minister Todd McClay confirmed today New Zealand will host the 13th round of the Regional Comprehensive Economic Partnership (RCEP) trade negotiation in Auckland from 12-18 June 2016.

“RCEP aims to broaden and deepen existing Free Trade Agreements between ASEAN and six other countries, including New Zealand,” says Mr McClay.

“It is important for New Zealand to play its part in these negotiations which offer us significant opportunities to increase our trade and economic links with the dynamic Asia region.”

Once completed, RCEP will be the largest trading bloc in the world in terms of population. The countries participating have a total population of over 3 billion people. They also account for around 27 per cent of global trade and have a combined GDP of $US23 trillion. Critically for New Zealand, the 15 other countries cover 55 per cent of our goods export markets (in 2015) and six of our top ten trading partners.

“It would not be in New Zealand’s interests to stand aside from a negotiation that covers at least 55 per cent of our merchandise exports,” says Mr McClay.

“RCEP is part of New Zealand’s ongoing trade agenda. Helping New Zealand businesses gain easier and better access to this dynamic and fast-growing region will provide significant benefits to our economy.

“New Zealand’s participation in RCEP complements New Zealand’s existing free trade agreements in Asia, and will help New Zealand build new FTA relationships, notably with India. It will help to make the region’s ‘noodle bowl’ of rules operate better together, reducing the costs for New Zealand’s businesses to operate in the region.

“Together with other agreements like TPP, RCEP underlines the government’s commitment to ensuring New Zealand actively participates in the development of the trade and economic architecture of the Asia Pacific,” says Mr McClay.

The government intends to provide further details about opportunities for stakeholders to present views and relevant information in connection with the RCEP negotiations.

ends

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On Compensating Afghan Civilian Casualties

Reportedly, there have been nine incidents resulting in 17 civilian deaths and injuries (seven of the dead were children) caused by ordnance left behind on what used to be the firing range of our Provincial Reconstruction Team (PRT) in Bamiyan province.

Given that the NZ Defence Force has needed to be hauled kicking and screaming into belatedly arranging an adequate clean-up of its old firing range… what would it take before New Zealand offers to pay compensation to the families of those who suffered death and injury from what was left behind on our watch? More>>

 

Fossil Fuel Investment: ACC Must Lead On Climate Change

As the largest publicly owned investor in New Zealand, the ACC board should divest from fossil fuels, demonstrating our leadership role on climate change, Green Party MP Chlöe Swarbrick said today. More>>

ALSO:

Total Officers, Up Less: Coalition's 1800 New Police Officers

The Coalition commitment to add 1800 new Police officers to frontline policing has been achieved with the graduation of 59 constables from the Royal New Zealand Police College today. More>>

ALSO:

Predator Free: $3.5m For New Pest Controls

New Zealand First is proud to announce the Provincial Growth Fund (PGF) has allocated $3.5 million to develop innovative predator control approaches which will reduce the need for repeated 1080 use. More>>

ALSO:

Children's Day: Commissioner Calls For Govt Commitment

“Three decades on, we are able to celebrate some significant changes for children like the recent launch of a Child and Youth Wellbeing Strategy. But we still have a long way to go to prioritise children’s rights.” More>>

ALSO:

Elections: Proposed Electorate Boundaries Released

The Representation Commission is proposing changes to half of New Zealand’s electorates and establishing a new electorate in south Auckland… More>>

ALSO:

"Effectively A Permanent Amnesty": Final Month For Gun Ban Compensation

The firearms buy-back comes to an end a month from today, but the police say the amnesty for returning banned guns will continue into next year and beyond. More>>

ALSO:


SPECIAL GUNS FOR FOREIGN SECURITY:


MORE ARMED POLICE:

 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels