20 Feb 2018

Govt to release renegotiated TPP text tomorrow

1:50 pm on 20 February 2018

The government will release the text of the renegotiated Trans-Pacific Partnership deal tomorrow.

Prime Minister Jacinda Ardern and Trade Minister David Parker.

Prime Minister Jacinda Ardern and Trade Minister David Parker at the Trans-Pacific Partnership (TPP) meeting on the sidelines of the Asia-Pacific Economic Cooperation leaders' summit in November. Photo: AFP

Changes were negotiated to the investor state dispute clauses, and to give New Zealand the ability to effectively ban residential house sales to foreign buyers.

New Zealand already had an exemption to the investor rules with Australia, which allow overseas companies to sue the government.

Under the new deal, carve-outs with a handful of other countries have also been negotiated, and the scope of the provisions have been narrowed.

The text and the National Interest Analysis will be made public, after arrangements were made with the other ten member countries.

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