14 Oct 2015

Trickle down benefits expected in Cooks from TPP

2:14 pm on 14 October 2015

The Cook Islands government is expecting to see benefits from the newly signed Trans-Pacific Partnership trickle down to the country.

A main street in Rarotonga

A main street in Rarotonga Photo: RNZI / Mary Baines

A government trade officer Danny Williams says the Cook Islands would benefit from access to a broader range of commodities that would be cost-competitive.

Mr Williams says the Cook Islands could also look at linking into value-added chains to better promote its commodity interests, as well as gaining access to potential "on-flow investment."

He says the country should also enjoy improved flexibility to trade, investment and services.

The TPP makes up about 40 per cent of the global economy and involves 12 Pacific Rim countries, including New Zealand and Australia.

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