Lisa Owen: Well, it reportedly came down to the wire, but after years of negotiations and a few dead rats, the Trans-Pacific Partnership was finally agreed this week in Atlanta. But the full text is still weeks away, and the only detail we have now is Government-released fact sheets. It’s trumpeting the 260 million we’ll save in duty and tariffs, …
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Further land sale restrictions possible under TPP, Labour ‘very interested’
New Zealand will still be able to make its foreign investment rules “more restrictive” under the Trans-Pacific Partnership, according to a Ministry of Foreign Affairs and Trade guidance note, opening up a way for the Labour Party to support the controversial trade and investment pact that it feared would breach the one of its five “bottom lines” relating to foreign …
Read More »Best on Twitter: Trans-Pacific Partnership deal
The announcement came through overnight that trade officials from New Zealand, the United States, Japan, and 9 other Pacific rim nations have agreed after years of negotiations on the largest regional trade deal in history. NZ INC. has compiled the best tweets of the web on the Trans-Pacific Partnership deal, so that you don’t have to. Beef + Lamb New Zealand …
Read More »John Key welcomes TPP as NZ’s biggest trade deal
Many concerns raised previously about TPP are not reflected in the final agreement. For example, consumers will not pay more for subsidised medicines as a result of TPP and the PHARMAC model will not change. Prime Minister John Key has welcomed the successful conclusion of negotiations over the Trans-Pacific Partnership Agreement – New Zealand’s biggest free trade agreement. “This agreement …
Read More »TPP deal gives limited win for NZ dairy, US gives way on drug patents
Twelve Pacific Rim nations have reached a deal on the controversial Trans-Pacific Partnership in the American city of Atlanta, ending more than five years of negotiations to create the largest trade and investment pact since the Uruguay Round of the GATT trade agreement 20 years ago. However, New Zealand has barely prised open the door for dairy exports to the highly …
Read More »Penny Tucker: “Dear TPP … a reflection on the agreement and Jane Kelsey”
Dear TPP Welcome to New Zealand – I hope you jump the final hurdles. Those of us who have a positive approach to global commercial and cultural interaction, to sowing the seeds of free trade and economic empowerment, and who understand that, when the world doesn’t work in silos, it works better and us Kiwis actually get to work……..well, we’re …
Read More »NZ Dairy chiefs weigh in on TPP – ‘US protectionism stopped first-rate deal’
Fonterra chairman John Mr Wilson blames entrenched protectionism demonstrated by the US dairy industry in particular for the failure of the TPP deal on dairy failed to reach its potential. “Dairy has been very hard to resolve and New Zealand has managed to get some progress against the odds,” Wilson says. ” Our team has done well to lift the …
Read More »Leaked TPP document from May shows US pushing rights of drug companies vs. generics
A draft of part of the Trans-Pacific Partnership trade deal leaked to the Politico website suggests the US is demanding increased protections for pharmaceutical companies, restricting access to the lower-cost generic versions of drugs that agencies such as New Zealand’s Pharmac buy. The draft copy of the intellectual property chapter of the trade agreement as it stood on May 11, before the Guam negotiating …
Read More »Tim Groser: The Future of Global Trade – US and NZ as Partners in the Asia Pacific: Completing the TPP Negotiation
Address by the Hon Tim Groser, Minister of Trade and Minister of Climate Change Issues: US/NZ Partnership Forum, Auckland 30 June 2015 I would like to thank our two co-chairs, the Hon Simon Power, Chair of the NZ-US Council and Stu Van Soyoc, President of the US-based counterpart organisation for assuming joint responsibility for the Partnership Forum. I think it …
Read More »Uphill Battle: TPP does not add up for NZ without good dairy outcomes. Major NZ dairy companies speak out
The Dairy Companies Association of New Zealand (DCANZ) is firm in its view that a good deal on dairy in TPP is necessary for any deal to stack up for New Zealand. “The facts are that dairy accounts for 35% of NZ exports. You can’t even come close to achieving an acceptable deal for New Zealand without a good deal …
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