ACT welcomes important progress for our trading nation

October 6, 2015. 9:15am

ACT Leader David Seymour welcomed New Zealand’s signing of the TPP agreement, freeing up trade amongst the twelve signatory countries across Asia and the Pacific.

“ACT is committed to free trade between nations, and this is another important step in that direction. Tariffs will be eliminated on 93% of our trade with these nations, once the agreement is fully phased in.

“New Zealand is a trading nation. International trade is the foundation of our nation’s wealth and the basis of our standard of living.

“This deal will be good for New Zealand. It will be even better for some of the developing countries involved, giving them access to developed markets and an opportunity to boost their living standards with faster growth.

“Now the deal is concluded the scaremongers can no longer make things up. They are faced with the reality that trade is a win-win, and are looking very silly.

“I congratulate the government, the Ministers involved, and the many public servants who have worked on this deal for many years.”

ENDS

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