Parliament

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

 

TPP Bill passes Third Reading


Hon Todd McClay
Minister of Trade


15 November 2016
      Media Statement
TPP Bill passes Third Reading

Trade Minister Todd McClay has welcomed the third reading of the Trans-Pacific Partnership Agreement Amendment Bill in Parliament today.

The passage of this Bill is a significant step towards New Zealand ratifying the Trans-Pacific Partnership (TPP).

“It will be a signal of the commitment that New Zealand has for the continued liberalisation of international trade.  At times when there is uncertainty in the rest of the world, New Zealand’s consistent and trusted voice of negotiating trade outcomes that are good for our economy needs to be heard.

“Our vision for a mechanism to enhance trade between four countries grew into the largest trade agreement to date and which places us in the middle of a region encompassing nearly 40 per cent of global GDP.  We can be very proud of that, but we must continue to push for new trading opportunities and to continue to push for trade liberalisation wherever we can,” says Mr McClay.

The Bill makes all the necessary changes to primary legislation required by New Zealand to ratify TPP. The amendments introduced by the Bill – and other related changes to New Zealand law – will take effect only from the date that TPP enters into force for New Zealand.

TPP provides for an initial period of up to two years for all TPP signatories to complete their own domestic procedures required to ratify TPP. The Government hopes that other TPP signatories will continue their efforts to complete their domestic processes.

“Whilst acknowledging that there remain obstacles to the agreement coming into force, we need to take time to allow the new US administration time to fully  consider its trade agenda.

“Until then, New Zealand will continue its own, well-proven path to openness and inclusiveness in the global trade arena,” says Mr McClay.

© Scoop Media

 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines


Gordon Campbell: On How National’s ”New” Welfare Plan Resurrects A Past Failure


Sam Uffindell’s defenders keep reminding us that he was only 16 at the time of the King’s College incident, and haven’t we all done things in our teens that, as adults, we look back on with shame and embarrassment? True. Let's be honest. Haven’t we all at one time or another, joined a gang and beaten a smaller, younger kid black and blue with wooden clubs? In that respect, Uffindell’s defenders on the streets of Tauranga risk sounding a bit like the psychiatrist Kargol played by Graham Chapman on Monty Python. Some of the media commentary has also noted how the Uffindell saga has taken the shine off National’s good poll results and distracted us all from the unveiling of an important welfare policy at the recent National Patty conference. OK… So let's put the spotlight back on that welfare policy...
More>>




 
 


Transport & Infrastructure: Have Your Say On The Future Of Inter-regional Passenger Rail In New Zealand

The Transport and Infrastructure Committee has opened an inquiry into the future of inter-regional passenger rail in New Zealand. The aim of the inquiry is to find out what the future could hold for inter-regional passenger rail... More>>


National: Sam Uffindell Stood Down Pending Investigation
Tauranga MP Sam Uffindell has been stood down from the National Party caucus pending an investigation into further allegations about his past behaviour, says National Party Leader Christopher Luxon... More>>


Auditor-General: Submission On The Water Services Entities Bill
We have published our submission to the Finance and Expenditure Committee on the Water Services Entities Bill. Because water services are critical to everyone, our focus is on how the public and Parliament are able to influence the performance... More>>


National: NZ Migrant Arrivals Hit Lowest Mark Since 1990s
Today’s net migration figures show that Labour has failed to deliver the desperately needed skilled migrants they promised, meaning labour shortages will persist into the future, National’s Immigration spokesperson Erica Stanford says... More>>


Green Party: Abuse Revelations Leave No Choice But To Overhaul RSE Scheme
The Green Party is calling on the Government to overhaul the Recognised Seasonal Employers scheme in the wake of revelations of shocking human rights violations... More>>



Government: More Women On Public Boards Than Ever Before

“Women’s representation on public sector boards and committees is now 52.5 percent, the highest ever level... More>>


 
 
 
 
 
 

LATEST HEADLINES

  • PARLIAMENT
  • POLITICS
  • REGIONAL
 
 

InfoPages News Channels