January 23, 2018
TPP now a trade deal says Peters
New Zealand First leader Winston Peters has thrown his party's support behind the revamped Trans Pacific Partnership deal.
Overnight in Japan the remaining eleven governments in the trade pact agreed on the final form of what is now called the Comprehensive and Progressive Agreement for Trans Pacific Partnership, which will be signed in Chile on March 8.
In Opposition Mr Peters had been a strong opponent of the TPP, especially provisions which would allow foreign investors to sue governments.
But he told Radio Waatea today the work done by Trade Minister David Parker and others since President Donald Trump pulled the United States out of the agreement has made it a better deal.
"It's tremendous to see that what was a protectionist deal has now got the proper shape of a trade deal where our sovereignty is not overridden by our collective agreements," he says.
Prime Minister Jacinda Ardern also addressed the deal on her arrival at Ratana Pa this morning, saying it's not a perfect deal but no deal is perfect.
The Greens will continue to oppose the CPTPP, which also drew opposition from Maori because of fears it could hamper the government's ability to settle claims on issues like intellectual property rights.
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