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Ardern pushes for TPP talks

Ardern pushes for TPP talks”

Prime Minister Jacinda Ardern arrived in Vietnam overnight and it was straight to work. "It is still not clear what the outcome will be", said Ardern, but New Zealand was at the table and attempting "to balance our exporters' needs but also our country's". But if it fails to recover from its latest setback, Mr Parker isn't overly concerned.

"Life goes on. We are in the position we were yesterday, last week, last year", he told Lisa Owen on TV3's The Nation today.

"We were ready to sign, we would prefer it to have been concluded today, but the point I'm making is that we have a number of quality free trade agreements already in the world - and despite that, over the last 10 years of the last Government exports went down as a proportion of the economy".

Mr Parker said his priority after TPP was a European free-trade agreement.

Labour opposed the TPP when in Opposition.

Instead they found Japan's Prime Minister, Shinzo Abe, holding crisis meetings with Canada's Justin Trudeau over an undisclosed issue.

Rejecting TPP is a touchstone issue for the left of New Zealand politics, but carries political risks for the new government if New Zealand is seen to have chosen isolation from a major Pacific Rim trade and investment deal. We've actually fixed that since we came to Government.

He said the previous National Government negotiated protection for the Pharmac model, and added: "We made further improvements in respect of some of the patent provisions".

This year, Malaysia and New Zealand will be celebrating the 60th anniversary of their diplomatic ties.

Ardern, making her first major outing on the global stage, said she had prioritised formal bilateral meetings with leaders from TPP countries, meaning meetings with Xi and Trump may only occur informally as China is not a member of TPP and the U.S. is no longer.

On investor-state disputes, he said: "We had a carve-out of Australian investment into New Zealand from those investor-state dispute resolution clauses, so 80 per cent of foreign direct investment from TPP countries would not have been covered by the investor-state dispute resolution clauses".

"It's not completely dead until it's dead".



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