Access to Japan for New Zealand fruit is one of the big wins for horticulture from today’s signing of the Comprehensive and Progressive Agreement for Trans-Pacific (CPTPP), says Mike Chapman, chief executive of Horticulture New Zealand, who is in Chile for the event.
Once you strip away all the figures, data, and modelling, there remains one essential fact: free trade deals generate incredible wealth for those who are party to them. In reality, free trade agreements have two main benefits besides tariff reductions.
Today’s trade deals are broadening their focus, from just addressing tariff reductions to including issues that are challenging the world today, such as protecting the environment, encouraging the growth of small to medium businesses, and fair treatment of workers.
New Zealand relies on trade for its economic survival. Without trade New Zealand would be a very different and a much poorer country. Successive New Zealand Governments have successfully worked to open up trading opportunities throughout the world and this continues today, with the Comprehensive and Progressive Agreement for Trans-Pacific...