Election 2020 - Party Policies - Economy - Trade and Investment
25th Jul 20, 5:55am
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Trade and Investment
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- Encourage sensible and safe foreign investment from friendly countries.
- Automatically exempt investors from OECD countries from the requirement to gain Overseas Investment Office approval for investments, except where national security interests were at stake.
- Read more here.
- Ensure all new international treaty texts are open to public scrutiny, give full effect to Aotearoa New Zealand's Te Tiriti o Waitangi responsibilities and obligations, and require a vote in Parliament before being signed.
- Strengthen the powers of international environmental organisations, labour and human rights organisations, and development organisations to enable them to enforce their mandate and restrain unfair and unsustainable trading practices.
- Work towards the development of a new international trading organisation and regional trading agreements that respect and uphold international labour and environmental agreements, to replace the World Trade Organisation and existing unfair and unsustainable bilateral and multilateral trade agreements.
- Prevent the importation of goods made or produced by forced or compulsory and child labour, as defined by the International Labour Organisation.
- Support initiatives to give multinational environmental agreements precedence over the international trade rules affecting the environment.
- Prohibit trade in genetically modified organisms except under strict biosecurity controls for contained use in diagnostics, understanding of heredity, and development of medicines.
- Encourage and facilitate bilateral fair trading relationships between Aotearoa New Zealand and other countries that support sustainable development and human rights.
- Read more here and here.
- Continue to negotiate modern, high-quality free trade agreements, which promote adherence to environmental and labour standards, including progressing negotiations with the United Kingdom and European Union.
- Read more here.
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