24 Jan 2018

TPP sealed: 'We need to see details' - Jane Kelsey

From Morning Report, 8:11 am on 24 January 2018

The revamped TPP deal is on track to be signed in Chile next month. The original TPP agreement collapsed when the United States dropped out last year. According to Australian trade officials the new deal will "eliminate more than 98 percent of tariffs in a free-trade zone, with a combined GDP of $13.7 trillion". New Zealand trade specialist Stephen Jacobi told Morning Report the improved market access is important for New Zealand exporters, especially into Japan, and is less problematic than the initial deal. But critic of the deal Professor Jane Kelsey is concerned about exactly what will be in the final version.