Every two years a report is released setting out the barriers to horticultural exports out of New Zealand. In the latest report, released on 30 November, the following data is presented:
United States President Donald Trump has formally withdrawn the US from the Trans Pacific Partnership (TPP). So, what now?
An 11 nation TPP is looking like more of a possibility every day. The United States has said that it will not be party to the TPP, but other countries have indicated they want to press on with reaching an agreement.
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.