Stephen Jacobi, Executive Director of NZIBF, traveled to San Francisco for APEC Leaders’ week and writes his thoughts on the outcome.
New Zealand releases TPP text
Trade Minister Tim Groser today welcomed the release of the text of the Trans-Pacific Partnership (TPP).
On behalf of the twelve members of the TPP and in its capacity as Depositary of the Agreement, New Zealand released the text of TPP.
“New Zealand supported the release of the text as soon as the technical work to finalise the Agreement was completed.
“I am pleased that this has happened and that the public will be able to thoroughly review the full text of the TPP well before it will be signed by governments.
“This is a complex agreement, with 30 Chapters and associated annexes. The large number of documents released today amount to over 6,000 pages of text and market access schedules. Understanding the legal obligations of the TPP will require careful analysis of all documents, given the inter-relationship between many provisions in the Agreement.
Legal verification of the text will continue in the coming weeks. The Agreement will also be translated into French and Spanish language versions. Both steps, as well as the Government’s consideration of the final outcome from negotiations, will need to be completed before signature takes place.
“Following signature, TPP, like any free trade agreement, will need to go through New Zealand’s Parliamentary processes,” said Mr Groser.
The Government has already released a number of fact sheets outlining the content of the TPP. Also released today is additional information on the estimated economic benefits of TPP on the New Zealand economy, and details on how potential costs associated with copyright and administrative provisions relating to PHARMAC have been arrived at.
The documents, together with the full text, are now available at www.tpp.mfat.govt.nz/text
REGISTER WITH TRADE WORKS
Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.
Latest News
Of APEC, CPTPP and IPEF
While New Zealand was sorting out its new Government, the alphabet soup which is trade got a good stirring in San Francisco. This was APEC Leaders’ week, the annual gathering of Leaders, Ministers, business people and other stakeholders from the 21 economies of...
Remarks to Shanghai Forum: “China and CPTPP – New Zealand Expectations and Advice”
FUNDAN UNIVERSITY, SHANGHAI, 28 OCTOBER 2023 STEPHEN JACOBI, EXECUTIVE DIRECTOR, NEW ZEALAND INTERNATIONAL BUSINESS FORUM 杰珂陛 执行董事 新西兰国际商业论坛 CHINA AND CPTPP – NEW ZEALAND EXPECTATIONS AND ADVICE It is an honour for me to speak in such a distinguished forum. My thanks...
ADDRESS TO THE 53rd ONE STOP UPDATE FOR THE ACCOUNTANT IN BUSINESS – GLOBAL ECONOMIC UPDATE
AUCKLAND, 16 OCTOBER 2023 STEPHEN JACOBI - EXECUTIVE DIRECTOR, NZ INTERNATIONAL BUSINESS FORUM Watch the full speech here. It’s a pleasure to be back with you for the 53rd edition of the One Stop Update and my thanks to Brightstar for giving me this opportunity once...
EYES OPENED DURING INDIA VISIT
Published by Newsroom on 6 September 2023 Stephen Jacobi reports on the recent business delegation to India. Every country has its contrasts and a subcontinent of 1.4 billion with thousands of years of history has more than most. Today’s India can reach the...
GUEST BLOG: Raewyn Bleakley, Chief Executive, New Zealand Food and Grocery Council
Exporting is an important part of the business of many NZFGC members whose brands we see daily on supermarket shelves. For some, exporting outweighs what they sell on our shores, while others are looking to break into new markets to open up growth opportunities beyond...
New Zealand business delegation “over the moon” with Indian trade and investment opportunities
MEDIA RELEASE - Friday 1 September, 2023 The involvement of New Zealand businesses in the successful Indian Moon landing epitomises the trade and investment opportunities between the two countries. Just as Rakon and RocketLab provided innovative elements to the...
REMARKS TO INDIA NEW ZEALAND TRADE AND ECONOMIC ROUNDTABLE
DELHI, 28 AUGUST 2023 STEPHEN JACOBI - EXECUTIVE DIRECTOR, NZ INTERNATIONAL BUSINESS FORUM Opening remarks It’s a pleasure for me and the entire New Zealand delegation to be in Delhi today just days since India’s magnificent moon landing. These days India is literally...
Large business delegation bound for India
MEDIA RELEASE - Tuesday 22 August, 2023 Fifty business representatives will leave later this week bound for Delhi, making it one of the largest delegations ever to head for India. The delegation, comprising members and senior leaders of five business organisations,...
India and New Zealand: The next innings
As published in the NZ Herald, 18 August 2023 By Stephen Jacobi As a trade mission prepares to depart for Delhi, Stephen Jacobi of the New Zealand International Business Forum considers the prospects for growing two-way trade and investment between India and New...
CRUNCH TIME FOR CPTPP
As published in the NZ Herald, 18 August 2023. By Stephen Jacobi, Executive Director, NZ International Business Forum. Following the Ministers’ meeting in Auckland, what is the outlook for CPTPP as the world’s most ambitious free trade agreement? When Ministers...
INDIA AND NEW ZEALAND: GETTING ONTO THE FRONT FOOT
A 50 person business delegation is about to depart for India. It follows a major report by the India New Zealand Business Council (INZBC), published in April. The report took a critical look at the relationship, finding a number of shortcomings and advocating...
ADDRESS TO THE HAWKE’S BAY BRANCH OF THE NZ INSTITUTE OF INTERNATIONAL AFFAIRS – “TRADE SECURITY – FINDING NEW BASKETS”
TUESDAY 15 AUGUST 2023 STEPHEN JACOBI, EXECUTIVE DIRECTOR, NZ INTERNATIONAL BUSINESS FORUM It’s a pleasure to be with you once again. This is an address about trade but also about baskets and eggs – in particular how many eggs and how many baskets we need to prosper...
SUBMISSION TO THE PARLIAMENTARY FOREIGN AFFAIRS, DEFENCE AND TRADE COMMITTEE
INTERNATIONAL TREATY EXAMINATON OF THE NEW ZEALAND EUROPEAN UNION FREE TRADE AGREEMENT, JULY 2023 Introduction and Summary This submission is made on behalf of the New Zealand International Business Forum (NZIBF) whose members are listed at Annex A[1]. NZIBF is a...
CER CELEBRATES A RUBY ANNIVERSARY
The Australia-New Zealand Leadership, the semi-annual gathering of Ministers and business leaders, has been described as a “successful symbol of trans-Tasman togetherness[1]”. And the togetherness vibe was certainly present when the Forum gathered in Wellington...
Asia-Pacific businesses urge APEC Leaders to act on equity, sustainability and opportunity in an increasingly challenging landscape
APEC NEWS RELEASE issued by the APEC Business Advisory Council (ABAC) Meeting in Cebu, the Philippines, this week, the APEC Business Advisory Council (ABAC) stressed the need for action in an increasingly fragmented and difficult operating environment. “Our theme for...
