China FTA passed

July 25th, 2008 at 6:32 am by David Farrar

Parliament did some good yesterday and passed into law the legislation necessary to implement the with .

The New Zealand-China Free Trade Agreement Bill passed its third reading on a vote of 104 to 17, strongly supported by the National Party and opposed by the Greens, New Zealand First and the Maori Party.

I really wonder why those parties are against our export sector being able to export more goods and services to China?

As Phil Goff says:

Mr Goff said that would give New Zealand companies a unique competitive advantage in the world’s fastest growing economy.

“Our exports to China, currently at more than $2 billion a year, are estimated to grow by between $230-350 million a year faster than they would have without an FTA.”

The FTA is a win-win – good for New Zealand and good for China.

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4 Responses to “China FTA passed”

  1. Lee C (4,516 comments) says:

    Cullen also proposed a Bill which would incentivise kiwi manufacturers to move their manufacturing bases overseas, at the expense of kiwi workers.

    “I just read Gordon Campbell’s latest Scoop column about the omnibus tax bill and quickly followed it with Frog’s piece on the matter and I am not impressed.’
    hat tip -Irish Bill

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  2. Murray (8,847 comments) says:

    So as part of the deal is now illegal to even protest against China or will the protestors just get moved out of sight by the cops as per usual?

    Sorry not really full of warm cuddly feelings about this deal myself.

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  3. Lee C (4,516 comments) says:

    http://election08.scoop.co.nz/gordon-campbell-on-the-killing-of-local-manufacturing/ check it out

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  4. baxter (893 comments) says:

    The Goverment is thinking of building Locomotives at Lower Hutt for their Fail Rail Enterprise. Perhaps they will be able to export some to China…Lets just wait and see how successful the F.T.A. works out to be. The news today stated that half their hotels are empty because there is so much red tape to get through before anyone can get visas to enter the country for their Olympic Games so I can just imagine how many hurdles will be placed in front of our exporters.

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