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Regional leaders committed to trade deal

Prime Minister John Key is confident the Trans-Pacific Partnership in free trade is going to succeed after meeting leaders of the nine countries involved at the Apec summit in Japan."The Trans-Pacific Partnership (TPP) is clearly where the action is

NZPA
Sun, 14 Nov 2010

Prime Minister John Key is confident the Trans-Pacific Partnership in free trade is going to succeed after meeting leaders of the nine countries involved at the Apec summit in Japan.

"The Trans-Pacific Partnership (TPP) is clearly where the action is on Asia-Pacific trade," Mr Key said today.

"TPP has momentum. Vietnam's president has announced they will become a full participant in the negotiations, Malaysia has just joined the group, and Japan's prime minister, who signalled strong interest in the TPP, sat in on our meetings today."

Mr Key said the TPP was about growth and jobs.

"Our ultimate goal is a region-wide free trade deal," he said.

"It was clear from today's discussion that the nine leaders are strongly committed to the TPP as a way to accelerate integration in our region."

The nine countries currently in the TPP talks are Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the United States and Vietnam.

The next round of negotiations starts in Auckland on December 6, and Mr Key said he wanted it to deliver a strong platform for the intensive negotiations scheduled for next year.

NZPA
Sun, 14 Nov 2010
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Regional leaders committed to trade deal
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