International Treaty Examination of The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

Submission

Our organisation welcomes the opportunity to submit on the international treaty examination of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

We have been long been on the record supporting the moves towards what is now the CPTPP, from its original conception through to its signing in Chile in March. We applaud the new coalition government for continuing its efforts to complete the agreement.

As with the New Zealand International Business Forum and ExportNZ, our organisation believes CPTPP will lead to new trade and investment opportunities between New Zealand and the four other economies in CPTPP with which New Zealand does not already have free trade arrangements (Canada, Japan, Mexico and Peru). The agreement should deliver an enhanced relationship with the other six economies with which New Zealand already has FTAs. While it is unfortunate that the United States chose to withdraw from the TPP, we consider that the merits and benefits of the CPTPP remain substantial and compelling.

We recognize that some critics do not see the value in signing such an agreement...

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