Friday, 11 October 2019 14:58

O’Connor off to trade talks

Written by  Sudesh Kissun
Damien O'Connor. Damien O'Connor.

Agriculture Minister Damien O’Connor, heads to Thailand today to attend the final Regional Comprehensive Economic Partnership (RCEP) Ministerial meeting, as negotiations enter their final stages.

O’Connor who is also Minister of State for Trade and Export Growth, is away for three days.

“The RCEP Agreement would anchor New Zealand in a regional agreement that covers 16 countries, almost half the world’s population and markets that take more than half our total exports. It could also provide us a free trade relationship with India, a fast-growing economy with a GDP of more than $2.6 trillion in 2018,’’ O’Connor said.  

With just one month to go before leaders aim to announce conclusion of the negotiations, the meeting in Bangkok this weekend will be focused on resolving outstanding political issues.

“We consider conclusion in 2019 is achievable but only if urgency and momentum build between now and the end of the year.

“An accommodation between the big economies will be key. There is building confidence that all sixteen participants are committed to realising the value of RCEP this year.  

‘’In addition to the direct commercial benefits, a successful RCEP would have significant strategic value. At a time of considerable turbulence in international trade policy – the sharpest rise in protectionism since 1995, erosion of support for the multilateral trading system, increasing unilateralism – regional integration initiatives such as RCEP become increasingly valuable,” he said.

More like this

Feds support live animal exports

Federated Farmers have reiterated their support for the coalition Government to abolish the present ban on the live export of animals.

Live exports battle

As the coalition Government mulls new regulations to reinstate the export of live animals, debate is heating up between supporters and opponents.

Crazy

OPINION: Your canine crusader was truly impressed by the almost unanimous support given by politicians of all stripes in Parliament to the recent passing of legislation for the NZ/EU free trade deal.

Not popular

OPINION: This old mutt hears that his editor has copped a fair bit of flak from readers after an article on former Agriculture Minister Damien O’Connor appeared in the last issue of this fine organ.

Featured

National

Machinery & Products

New Holland combines crack 50 years

New Holland is celebrating the 50th anniversary of the introduction its Twin Rotor threshing and separation technology, which has evolved…

Iconic TPW Woolpress turns 50!

The company behind the iconic TPW Woolpress, which fundamentally changed the way wool is baled in Australia and New Zealand,…

» Latest Print Issues Online

The Hound

Double standards

OPINION: Imagine if the Hound had called the Minister of Finance the 'c-word' and accused her of "girl math".

Debt monster

OPINION: It's good news that Finance Minister Nicola Willis has slashed $1.1 billion from new spending, citing "a seismic global…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter