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 …
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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 »NZ INC. best of the web: Trans-Pacific Partnership
NZ INC. brings you the best Trans-Pacific Partnership coverage from around the web. Friday, October 2 John Key spoke at a breakfast hosted by the Asia Society this week, where he talked about China’s attitude towards the TPP and New Zealand’s place in it. See the video here. ” AsiaSociety.org: Video: New Zealand Leader Says China Sees Opportunity in the …
Read More »OPI’s White sentenced to 250 hours community work, A$100,000 penalty
By Suze Metherell Sept. 23 (BusinessDesk) – Craig White, a former director of OPI Pacific Finance, has been sentenced to 250 hours of community work and A$100,000 in reparations after pleading guilty to two Securities Act charges laid by the Financial Markets Authority. White pleaded guilty on Friday to two charges under the Securities Act including distributing an advertisement and signing off …
Read More »Wynyard Group’s security software used to help catch global wildlife traffickers
By Fiona Rotherham Sept. 23 (BusinessDesk) – Wynyard Group, the security software firm, says its software is being used to help track down global wildlife trafficking – the fourth-largest illegal trade in the world after drugs, humans and weapons. Auckland-based Wynyard’s investigative case management software is being used to help the recently-launched, Dutch lottery-funded Wildlife Justice Commission chase organised criminals operating across many …
Read More »NZ ‘holding our ground’ in TPP dairy talks, says Groser
By Pattrick Smellie Sept. 23 (BusinessDesk) – New Zealand negotiators are “holding our ground” in talks to conclude the Trans-Pacific Partnership trade and investment treaty with some improved access expected for dairy exports to the highly protected markets of North America and Japan, says Trade Minister Tim Groser. He acknowledged that comments from Prime Minister John Key on Monday, that whatever deal was achieved …
Read More »China’s Guoxin International commits US$2 bln to Christchurch rebuild
By Pattrick Smellie Sept. 23 (BusinessDesk) – Christchurch City Council is rolling out the welcome mat for Guoxin International Co, one of China’s largest infrastructure development companies, which is committing to raise a US$2 billion fund for investment projects in the city as it enters the mature phase of its post-earthquake reconstruction. While the letter of cooperation and friendship signed between Guoxin …
Read More »Key gives guarded view on TPP dairy deal prospects
By Pattrick Smellie Sept. 21 (BusinessDesk) – Prime Minister John Key has given a guarded view of New Zealand’s chance of striking the “high quality” deal it has always sought in the 12 nation Trans-Pacific Partnership trade and investment negotiations, saying that “at least it will be the very best we can do.” International reports suggest a final ministerial meeting will …
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