The United States is likely to try and force the pace of negotiations to conclude the Trans-Pacific Partnership in the next few weeks, following a vote in the US Senate last night that all but ensures President Barack Obama will gain so-called ‘fast track’ authority to complete the controversial agreement. One more Senate vote is expected overnight tonight, New Zealand …
Read More »Tag Archives: TPP
The Kelsey File: NZ on ‘hiding to nothing’ with TPP
Jane Kelsey is damning ‘unprecedented procedural machinations and an unholy alliance with the Republicans’ as enabling Barack Obama a super-majority to advance fast track authority in the US Senate by a single vote. The University of Auckland law professor reckons “the damage to relations between the President and his core Democrat constituency may be irrecoverable, making the content of any …
Read More »TPP dairy deal ‘missing in action’ – but John Key says still ‘net positive’
The Trans-Pacific Partnership trade pact does not yet include an acceptable deal on access for New Zealand’s most important exports, dairy products, with little more than a month to go before the controversial 12 nation trade deal could be concluded. “I think the way I would describe it is there’s a deal. It’s probably not at the level that we would …
Read More »TPP comes off life support, final US ‘fast-track’ approval possible next week
The fate of the Trans-Pacific Partnership trade and investment pact may be known as early as next Wednesday, US time, after a vote in the US Congress last night endorsed the elusive ‘fast-track authority’ that President Barack Obama needs if the 12 nation negotiation is to be concluded successfully. However, the next few days will be a “swirling mass”, says New Zealand Trade …
Read More »Alan Oxley: Trade deals need to remain focused on trade
By Alan Oxley Last week’s APEC Leaders’ Meeting in Beijing was more significant than many business leaders realise – and certainly more important than the anti-trade protests that gained headlines across New Zealand. For the first time, there was a genuine agreement – and push — on a broader Free Trade Agreement for the Asia Pacific (FTAAP). The prime mover …
Read More »Sir Graeme pledges business “fighting fund” to promote free trade – especially TPP
Anzco chairman Sir Graeme Harrison – who also leads the NZ International Business Forum – has pledged business support for a “fighting fund” to promote free trade. The Harrison pledge was made a a breakfast with Prime Minister John Key in Beijing earlier today. It appeared to be in response to the anti- TPP protests which have dominated NZ headlines …
Read More »TPP leaders set to meet at US Embassy in Beijing under tight security lockdown
The pressure will go on Barack Obama today to put his political capital on the line and get Congressional support to close out TPP. The mantra around the Apec meeting earlier today was “the finish line is in sight” when it comes to finalising negotiations on the Trans Pacific Partnership. The chapters of the TPP agreement are in place with …
Read More »TPP talks at US Embassy in Beijing held under tight security. Surely, they won’t add currency to the mix?
It might be churlish to note that the United States wasn’t making a great deal of the anti-competitive nature of other nation’s currency settings when it was in the thick of quantitative easing That unpalatable truth hasn’t featured at all among the issues up for negotiation during the lengthy Trans Pacific Partnership negotiations. But the Financial Times is reporting that the Obama …
Read More »Blue Skies in Beijing? Must be Apec in town.
Blue Skies in Beijing again and guaranteed to stay so until the Apec Leaders Jamboree rolls through China’s Capital City. We’re here once again to talk trade; make new business relationships; soak up the trends; gain insights into the progress on TPP and FTAAP; gauge how China is handling the competing trade agendas and see at least 10 Asia Pacific …
Read More »Let’s Make APEC 2014 About Free Trade
By Charles Finny With the Republicans back in control of both the House and Senate in the US there are positive signs that the dysfunction apparent in recent years on the hill may be ending. With both President Obama and the Republican Leadership stating a desire to work together on matters of national importance APEC 2014 and ancillary meetings offers …
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