Election 2017 - Party Policies - Economy - Trade and Investment
27th May 17, 9:52am
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Trade and Investment
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- Continue to support opening up trade through bilateral and multilateral free trade agreements, as these are the basis of New Zealand’s prosperity.
- Pursue a free trade and free movement area between Canada, Australia, New Zealand, and the United Kingdom (CANZUK).
- Champion free trade agreements so New Zealand businesses have access to large overseas markets where they can sell more of their goods and services
- Read more here and here.
- Ensure all 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 (e.g. United Nations Environment Programme, International Labour Organisation, United Nations Conference on Trade and Development) to enable them to enforce their mandate and restrain unfair and unsustainable trading practices.
- Work with like-minded governments and organisations to develop common standards and labelling of environmental impact for products and services, including for example carbon emissions, country of origin or distance travelled. Allow for the restriction or prohibition of imported products and services that do not meet these standards.
- Encourage and facilitate bilateral fair trading relationships between Aotearoa New Zealand and developing countries where they support sustainable development.
- Support stronger controls on foreign investment in New Zealand to minimise the negative effects of speculative and other non-productive foreign investment.
- Read more here.
- Pursue multilateral and bilateral FTAs in government; for both goods and services.
- Publish a set of trade negotiation principles including for labour and environment standards, protection of the Treaty of Waitangi, and sovereign rights to control classes of investment.
- Preserve regulatory sovereignty, including the right to ban foreign buyers of New Zealand homes and farmland.
- Support exporters through introduction of a research and development tax credit to encourage improvements in productivity, and the development of new products and services.
- Better focus New Zealand Trade and Enterprise (NZTE) on accessing export opportunities for New Zealand firms.
- Read more here.
- Update the Treaty of Waitangi Exception Clause in existing and future Free Trade Agreements with Māori legal experts, drafted in both English and Te Reo Māori, with the Māori text given precedence in the event of any disputes.
- Read more here.
- Pursue the ambitious goal of 90 per cent of New Zealand’s goods exports being covered by Free Trade Agreements by 2030; and fight unfair nontariff barriers that our producers face in offshore markets.
- Complete FTA negotiations with the TransPacific Partnership 11, the Pacific Alliance grouping (Mexico, Chile, Colombia and Peru), and RCEP countries including Southeast Asia.
- Give priority to negotiations with India, Russia, and the Gulf Cooperation Council countries.
- Launch FTA negotiations with the European Union, United Kingdom, Sri Lanka, and the Mercosur countries including Brazil, Argentina, Uruguay and Paraguay.
- Upgrade our current FTA arrangements with China, Singapore, and Southeast Asia.
- Read more here, here and here.
- Oppose investor-state dispute settlement (ISDS) provisions in bilateral and multilateral agreements and by extension the Trans Pacific Partnership-11, which offers little for our exporters.
- Revise current FTA deals being negotiated to make sure they are real and are in our interests (such as protection of land and strategic assets); and renegotiate existing poor-quality deals to increase their quality and benefit.
- Conclude the Russia-Belarus Kazakhstan Customs Union Free Trade Agreement as a priority – that bloc being the world’s number two dairy and beef importer.
- Initiate public diplomacy in countries we want Free Trade Agreements with in order to win their public over and secure a better deal for their country and especially, ours. Initiate Closer Commonwealth Economic Relations (CCER) to deepen existing bilateral deals with Commonwealth countries.
- Prioritise free and fair trade deals with Japan, United Kingdom, EU and the United States.
- Read more here.
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