CONTINUEThis site uses cookies. By continuing to browse this site you are agreeing to our use of cookies. Find out more.
  1. Front Page
  2. News By Topic
  3. NZ Consults On Regional FTA

NZ Consults On Regional FTA

by Mary Swire, Tax-News.com, Hong Kong

11 February 2013


The New Zealand Government is consulting on a sixteen-nation free trade agreement (FTA), a deal it says is about creating long-term wealth and employment for New Zealanders.

Representatives from New Zealand, Australia, the ten ASEAN states, China, India, Korea and Japan met in November last year to launch negotiations. The Regional Comprehensive Economic Partnership (RCEP) FTA will cover trade in goods, trade in services, investment, economic and technical cooperation, intellectual property, competition, dispute settlement and other issues.

The Government is consulting because it says that, as it prepares for the talks, it is important that its negotiators know and understand the views and interests of New Zealanders. Among those from whom submissions are sought are investors, exporters and importers of goods and services, non-government organizations and other interested individuals.

Trade Minister Tim Groser said: "This is a significant development for New Zealand which will help us deepen our links with Asia. Asia is critical for New Zealand’s future as a source of growth, markets, investment and talent. Ultimately these agreements are about creating long-term wealth and employment for New Zealanders."

"This allows New Zealand to be a part of a major trade initiative in the dynamic East Asian region. The countries which have committed to RCEP represent markets of more than 3bn people, almost USD20 trillion in combined GDP and around 27% of world trade."

TAGS: individuals | free trade agreement (FTA) | India | intellectual property | trade treaty | Australia | China | agreements | New Zealand | trade | Japan | services

To see today's news, click here.

 















Tax-News Reviews

Cyprus Review

A review and forecast of Cyprus's international business, legal and investment climate.

Visit Cyprus Review »

Malta Review

A review and forecast of Malta's international business, legal and investment climate.

Visit Malta Review »

Jersey Review

A review and forecast of Jersey's international business, legal and investment climate.

Visit Jersey Review »

Budget Review

A review of the latest budget news and government financial statements from around the world.

Visit Budget Review »



Stay Updated

Please enter your email address to join the Tax-News.com mailing list. View previous newsletters.

By subscribing to our newsletter service, you agree to our Terms and Conditions and Privacy Policy.


To manage your mailing list preferences, please click here »