TPP signing good for all of us

From the Beehive
Thursday, February 4, 2016

As a small island nation, its crucial New Zealand is an open and confident country that backs itself on the world stage.

And that’s exactly what this Government is working hard to achieve.

As the Prime Minister says, New Zealand can’t get rich selling things to itself. But it can if we build and develop strong and enduring global relationships.

Building a strong economy that attracts new investment and creates more jobs will remain front and centre of the National-led Government’s agenda.

A strong, growing economy encourages businesses to boost investment in new products and markets, hire more staff and pay good wages. It means New Zealanders can be rewarded for their enterprise and hard work.

A strong economy also supports better healthcare, education, and other public services New Zealanders need.

We frequently hear other political parties calling for the Government to magic up more jobs, to increase wages or to spend more on any number of things. Actually, we can’t do any of those things without a strong, confident economy.

Our role as a government is creating an environment that gives businesses the confidence to invest and grow. They can only do that in the knowledge they’ll be backed by clear and sensible government policies.

This National-led Government works on those issues every day. We’re resolutely focused on improving our competitiveness.

A good example is the Trans-Pacific Partnership Agreement.

It will be New Zealand’s biggest free trade agreement, giving our exporters much better access to more than 800 million customers in 11 countries across Asia and the Pacific.

It will eliminate tariffs on 93 per cent of exports to our new free trade partners – the United States, Japan, Canada, Mexico and Peru. And it’s expected to be worth at least $2.7 billion a year to New Zealand by 2030.

Successive New Zealand governments have worked hard to achieve this for 25 years. They knew it would help diversify and grow the economy. So it really is unthinkable that any responsible government would now walk away from the TPP.

The signing of TPP is very positive for Southland and all of New Zealand and it’s going to be a real boost for our economy.

Today (February 4) New Zealand is hosting the signing of the Trans-Pacific Partnership Agreement. This is a big deal for a small country and a big deal for Southland, our export-driven province.

I’m looking forward to seeing the benefits the TPP will deliver to our exporters, businesses and to our country as whole.