INDEPENDENT NEWS

Nats welcome TPP tariff cuts - focus must move to US

Published: Sat 29 Dec 2018 04:05 PM
National is welcoming tariff reductions that will begin tomorrow as a result of the Trans-Pacific Partnership (TPP) Agreement. The Government must now do everything possible to bring the US back into the TPP, National’s Foreign Affairs and Trade spokesperson Todd McClay says.
“The CPTPP tariff reductions were negotiated under the previous National Government through the TPP and I am extremely pleased to see them begin to benefit New Zealanders today. The Labour-NZ First Government now needs to deliver on better trade access to the US.
“From tomorrow New Zealand exporters will see tariff reductions under the first FTA with Japan, Mexico and Canada. A further round of tariff cuts will also come into effect from 1 January.
“However without the US, this agreement falls short on the economic opportunities that would have been available to New Zealand under the original TPP12.
“The US is our largest beef and wine market and our second largest dairy market. It is also the world’s largest consumer market. For the good of our exporters the Labour-NZ First Government needs to pull out all the stops to entice the US back to the TPP agreement they inherited.
“The re-entry of the US would be welcome news to New Zealand businesses and consumers who after years of negotiations and public meetings expect the Government to push New Zealand’s trade interests overseas.
“I am also pleased to see the current Minister of Trade, David Parker, joining National in supporting this agreement rather than marching against it.
“Breaking down barriers to trade helps New Zealand to grow our economy, create more jobs, deliver higher incomes and provide more choices to consumers.”

Next in New Zealand politics

NZ and France seek to end use of social media for terrorism
By: New Zealand Government
Christchurch attacks: Families offered residency option
By: RNZ
Consent granted for controversial Queens Wharf upgrade
By: RNZ
Access to hardship grants hits record high
By: RNZ
Gordon Campbell on scrapping the capital gains tax
By: Gordon Campbell
NZ, France will try to end use of social media for terrorism
By: RNZ
Meeting to stop social media's use in terrorism
By: BusinessDesk
Gordon Campbell on the policing of social media content
By: Gordon Campbell
Vague demand for social media clampdown concerning
By: ACT New Zealand
Firearms amnesty draws in hundreds of weapons
By: RNZ
New Residence Category for Victims of Mosque Attacks
By: Lane Neave
Queens Wharf decision 'sinks Goff's campaign promise'
By: RNZ
Consent granted for Queens Wharf upgrade
By: Auckland Council
Emergency housing & hardship grants higher than ever
By: New Zealand National Party
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media