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Business / Trade in New Zealand

  • The ambitious TPP trade deal full text of 6.000 pages released to the public

    JAPAN, 2015/11/09 The transaction was struck last month next five years of tense negotiations, but continues to face fierce opposition. It as well must still be ratified by lawmakers in each member country and some of the nations involved need it to undergo a legal review. The full text is about 6,000 pages long. Critics argue the transaction is biased towards corporations, and does not cover climate change concerns, part other issues. The long-awaited text of the landmark trade transaction called the Trans-Pacific Partnership (TPP) has been released to the public for the initial time. The text still has to be translated into the languages of the signatories. The TPP is one of the world's most extensive trade agreements, bringing together 12 Pacific rim nations, inclunding the US and Japan.

  • New Zealand is courting a new trade deal

    NEW ZEALAND, 2015/10/31 New Zealand's Prime Minister is looking to clinch a free trade agreement with the European Union, just weeks next finalizing the massive Trans-Pacific Partnership (TPP) transaction. In a joint statement with European Council and European Commission presidents, Prime Minister John Key outlined plans to increase trade and investment ties between his country and the bloc. "We believe that a FTA (free trade agreement) will support sustainable increase and investment , opening up new trade and business opportunities and generating new employment for our peoples."

  • New Zealand's business sentiment rebounded to the strongest level since 1999,

    NEW ZEALAND, 2013/10/08 New Zealand's business sentiment rebounded to the strongest level since 1999, a quarterly survey conducted by the New Zealand Institute of Economic Research showed Tuesday. The firms' general business outlook index for the coming six months climbed to 38, a 14-year high, from 32 in the prior quarter. At the same time, a seasonally adjusted net 32 % of firms expect business conditions to improve over the next six months, up from a net 30 % in the second quarter and the highest reading since March 2010. "Businesses are optimistic, activity is rebounding and this is being gradually realized into additional jobs and profits," said Shamubeel Eaqub, Principal Economist at NZIER.
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