Trans-Pacific Partnership text to be released today

Scoop: Govt to release CPTPP national interest analysis on Wed

The government will release the national interest analysis for the Comprehensive and Progressive Trans-Pacific Partnership on Wednesday, and the full text too if the other nations agree, says Prime Minister Jacinda Ardern.

The Labour-led administration signed up to the regional trade and investment pact after the renegotiated deal let it restrict foreign buyers of existing residential property and watered down some of the more onerous Investor State Dispute Settlement provisions imposed before the US withdrew under President Donald Trump.

Ardern today said the Ministry of Foreign Affairs and Trade’s analysis unpicking the pros and cons of the deal for the country will be released on Wednesday, and she’s hopeful of publishing the full text the same day if certain translation issues are overcome.

“We have been urging all parties to reach agreement because of our strong desire to be absolutely transparent around the text as soon as possible,” Ardern said at her weekly post-Cabinet press conference. “It is our hope it will be available at the same time as the national impact assessment, but either way, we’re looking to release the national impact assessment this week.”

The deal is expected to be signed in Chile on March 8, but Ardern said it won’t come into force until it’s ratified by 50 percent of the partners. Parliament will debate the agreement and that it will also go through select committee scrutiny for a full public examination, she said.

From New Zealand Foreign Affairs and Trade: Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is a free trade agreement involving 11 countries in the Pacific region, including New Zealand, Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, Peru, Singapore, and Viet Nam.

Partnering with these countries represents a huge opportunity for New Zealand. The Agreement has the potential to open up new export destinations for our businesses, create jobs, and help generate a better standard of living for all New Zealanders.  At the same time, the Government‘s right to regulate in the public interest and the unique status of the Treaty of Waitangi have been protected.

The government is releasing the Cabinet negotiating mandate for CPTPP and the minute of the Cabinet decision. In releasing this information, the government is seeking to balance introducing greater transparency around trade negotiations with a need to take into account the sensitive nature of the negotiations. Some of the information within the Cabinet paper is being withheld in line with the principles of the Official Information Act. The government will release further information on CPTPP as it becomes available, including a full National Interest Analysis.

Read the Cabinet negotiating mandate here [PDF, 6 MB].

25 Comments

  1. robertguyton

     /  February 21, 2018

    Again, exciting and so different to the approach taken by National, who hid everything they could from the public. Well done, Labour/Green/NZ1st Government!

    • artcroft

       /  February 21, 2018

      Fake news. National also released the documents after negotiations were completed, just as Labour is doing now. There’s no public consultation Robert, so if you Greens don’t like it too bad.

    • David

       /  February 21, 2018

      Its exactly the same approach as National took, one agreed by the parties to the agreement, and you havent even seen the text. What you have Robert is your team releasing the spin to capture the media line they want taken then the actual text will come out.
      The official language of the agreement is English so maybe they have to translate it to sign language or something.

  2. Be somewhat interesting to see where they changed a word or two and inserted/deleted commas ..
    If you didn’t have a life

  3. Pickled Possum

     /  February 21, 2018

    George Laking ..Te Whakatohea .. Oncologist .. Realist.

    TPPA
    Agreement made
    For the People
    By Some People
    For the $$$$$.

  4. Zedd

     /  February 21, 2018

    It sounds like Natl are just playing politics.. AGAIN. Whilst it maybe true that the Greens & even some in Labour, came out against the original TPP.. this is not the TPP.. it is the CPTPP ! 😀

    D Parker says that most of the contentious stuff, has either been amended or removed, so it sounds like this Govt. (all 3 parties) are now supportive.. we shall see :/

  5. David

     /  February 21, 2018

    I wonder if the ISDS clauses are still in there.

    • PartisanZ

       /  February 21, 2018

      ISDS is mostly still there according to Prof. Jane Kelsey, except some stuff has been ‘suspended’ pending the United States rejoining the agreement at their whim …

      When the U.S. was in the original TPP-12 we were looking at a 3 – 4% increase in GDP over 10 years or something … so I wonder what TPP-11 has to offer …?

      It sounds like the obsessive need for economic growth to maintain the status-quo and avoid addressing the world’s major problems has reached desperation level …

      Fever pitch … PANIC ROOM … [or maybe time for a big war?]

      • High Flying Duck

         /  February 21, 2018

        Does growth in services (where the majority of growth comes from) really destroy the planet?

        Services constitute over 50% of GDP in low income countries and as their economies continue to develop, the importance of services in the economy continues to grow.[1] The service economy is also key to growth, for instance it accounted for 47% of economic growth in sub-Saharan Africa over the period 2000–2005 (industry contributed 37% and agriculture 16% in the same period).[1] This means that recent economic growth in Africa relies as much on services as on natural resources or textiles, despite many of those countries benefiting from trade preferences in primary and secondary goods. As a result, employment is also adjusting to the changes and people are leaving the agricultural sector to find work in the service economy. This job creation is particularly useful as often it provides employment for low skilled labour in the tourism and retail sectors, thus benefiting the poor in particular and representing an overall net increase in employment.[1] The service economy in developing countries is most often made up of the following:
        Financial services
        Tourism
        Distribution
        Health, and
        Education
        The export potential of many of these products is already well understood, e.g. in tourism, financial services and transport, however, new opportunities are arising in other sectors, such as the health sector. For example:

        Indian companies who provide scanning services for US hospitals
        South Africa is developing a market for surgery and tourism packages
        India, the Philippines, South Africa and Mauritius have experienced rapid growth in IT services, such as call centers, back-office functions and software development

        • Blazer

           /  February 21, 2018

          Treasury…NZ…’New Zealand’s service industries, which collectively account for around two-thirds of GDP’
          HFD-‘Services constitute over 50% of GDP in low income countries’

          • High Flying Duck

             /  February 21, 2018

            Not sure what you’re getting at there Balzer – I chose Africa as a lot of GDP growth is happening there. As countries evolve services make up a larger portion of the economy – for example:

            “The services sector is an important part of the U.S. economy. According to BEA, in 2009 services accounted for 79.6 percent of U.S. private-sector gross domestic product (GDP), or $9.81 trillion. Services jobs accounted for more than 80 percent of U.S. private-sector employment, or 89.7 million jobs.”

            The point is, “growth” is not necessarily a depletion of resources as Parti implies.

    • Pickled Possum

       /  February 21, 2018

      David … “Overall the safeguards mean New Zealand’s government cannot be successfully sued for measures related to public education, health and other social services.”
      http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=11998946

      • Mefrostate

         /  February 21, 2018

        Those were already in place in the original TPP. What’s changed here is that government contracts are exempt, and ISDS don’t cover trade with Australia. Pretty minor changes in the grand scheme of things.

        I still support the deal, though. Just think Labour are playing up the rhetoric on how much they’ve changed.

      • David

         /  February 21, 2018

        Already negotiated to be in there by National who specifically protected Pharmac and they also negotiated indigenous protections in there to protect native persons (treaty settlements).

  6. robertguyton

     /  February 21, 2018

    “James Shaw MP on Wednesday, January 24, 2018 – 11:06

    The Green Party’s position on the Comprehensive and Progressive Trans Pacific Partnership (CPTPP) is unchanged, Co-leader James Shaw said today.

    “We recognise Trade Minister David Parker has made significant progress on some controversial provisions in the TPP, including investor-state dispute settlement, and we support those changes. However, we still don’t believe there are sufficient safeguards for people and the environment that would enable us to support the deal,” Mr Shaw said

    “Our position on trade and the TPP in particular has been well canvassed with Labour and there are no surprises here.

    “It is a sign of the strength of our relationship with Labour that we can respectfully disagree on an issue like the TPPA and still be able to get on with the business of government together.”

    • Alan Wilkinson

       /  February 21, 2018

      “The business of government” being the Greens saying “Yes” until they are allowed to say “No”.

      • alloytoo

         /  February 21, 2018

        To be fair, it’s Labour and Winston 1st who are flip flopping here. Perhaps the hidden 33/38 pages of absolute transparency detail a flip/flopping ratio.

  7. David

     /  February 21, 2018

    There has been absolutely no change to the text, there is a 4 page list of suspensions due to the US pulling out but can be brought back in under majority vote.
    I am absolutely delighted that the deal will be signed and there will be more free trade which benefits the NZ economy, nice work Labour hoodwinking your nutty fringe and getting back to bi partisan agreement on free trade.

  8. Norman Grey

     /  February 21, 2018

    It was said in Parliament at Question Time today that there were 22 changes made to the TTP.
    It will be interesting to compare the two and find a spelling mistake or two, some missed out punctuation, a few capitals thrown in etc!!
    Perhaps even some changes made to spelling to make it more acceptable to the US.

    • Gezza

       /  February 21, 2018

      I forgot to watch QT live. I’ll check out the replay @ 6pm. Trev was in control with a firm but fair hand again, I trust.