A NZ-EU free trade pact?

March 26th, 2014 at 6:10 am by David Farrar

Stuff reports:

New Zealand and the European Union are to pursue a pact – but don’t expect any action until at least 2015.

Prime Minister John Key made the announcement in The Hague after meeting European Commission president Jose Manuel Barroso and European Council president Herman Van Rompuy. He described it as “quite an important” meeting

Two-way trade between New Zealand and the 28 members of the totals $16 billion a year.

Key said the EU has, for the first time, agreed to consider a free trade agreement.

But he admitted an ambitious EU-US trade deal, as well as a pact with Canada, will take priority for the Europeans. 

The EU is highly protectionist so a free trade pact would be a very good thing.

However as indicated, not likely to happen anytime soon. However an agreement for one to be considered is a worthwhile start.

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21 Responses to “A NZ-EU free trade pact?”

  1. EAD (601 comments) says:

    Is John Key clueless regarding what the European Union is really all about? Why on earth would we want to sign free trade agreements with this organisation that is headed up by the unelected Maoist “President” Barrosso? It’s a shockingly evil empire if ever there was one, and a gross insult to the men and women who died in two great wars on the European continent. Those people died to prevent the emergence of precisely the sort of unaccountable socio-economic tyranny that is now slowly (and without naked armed force) embracing and throttling that continent, and the great European nations with it.

    Since 2007/08 Europe’s economic and politico-banking ‘elites’ have been systematically engineering the region’s economic and, therefore in due course, social destruction. Whether this has been by design is another matter. Certainly, it’s been fascinating but altogether more tragic to watch as Europe implodes under the weight of globalism that is destroying these formerly successful and peaceful nation states as they march towards socio-economic Armageddon.

    Watching it all happen beats a Hollywood blockbuster any day. Knowing that our New Zealand political class are cosying up to the European Union makes the whole thing surreal.

    Think I’m being alarmist? Here is man that knows a thing or two about geo-politics:
    “The most puzzling development in politics during the last decade is the apparent determination of Western European leaders to re-create the Soviet Union in Western Europe.” – Mikhail Gorbachev

    Here is the superb Nigel Farage:

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  2. duggledog (1,356 comments) says:

    Quite right EAD but could be canny forward thinking by Key. See the results for the National Front in France? The Poms aren’t the only ones who want to get the f*** out of it.

    Anyway I don’t think I care about what happens in EU, China or the US for that matter. Can’t do much about any of it – might as well just get in there and sell them some milk powder or whatever.

    Sooner rather than later. We’re 60 + bn in debt

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  3. redqueen (456 comments) says:

    @EAD

    The EU may be an evil empire, but we’re talking about a free trade agreement, not a political union. We’re trying to get a free trade deal with the US (indirectly) and they’re hardly a shining beacon of light and we have one with China (a wonderfully democratic and virtuous state). So while I happen to agree that the EU is a tyrannical mess, the point raised above is that we are discusing a trade deal which isn’t being serious contemplated for anything less than a few years from now.

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  4. duggledog (1,356 comments) says:

    And BTW using that logic EAD should we be doing business with China? Anybody else doesn’t suit you? Principles are all very well but they ain’t very sustaining

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  5. Bill (90 comments) says:

    http://www.radionz.co.nz/audio/player/2590147

    Key needs overseas success stories to drown put the foul ups at home. Key cannot control or punish Collins and Parata because he himself was caught lying about the $50k “golf” game.

    Listen to Cunliffe take it key and congratulate right wing blogs at the same time.

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  6. EAD (601 comments) says:

    @ duggledog,

    I observed the FN results in France. Whilst they might be far-left and campaign for things like workers’ councils, higher spending and state-controlled industries; it is great that the anti-European Union parties are starting to break through as the people say enough is enough. We don’t want to be a province of a country called “Europe”, we want to remain French, we want to rule ourselves and we want to determine our own destiny as a culture.

    I’d much rather see a peaceful evolution than wake up one morning to discover Europe is undergoing a real bloody revolution; when, stability suddenly gives way to drastic change.

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  7. Ben Dover (526 comments) says:

    The real question you should be asking is why.

    THE PACIFIC

    which is 1/3 of the globes surface area
    is largely a political and economic COT CASE,

    Where small pacific nations can be unduly influenced and bullied by emerging super powers.

    ANd why simple thing like doing business trans tasman
    are still largely over complicated Taxation Torture. (except for some people)

    Mind you it took the region conveniently years and years to even realise there was
    Brutal religious Genocide going on in East Timor?

    So an Agreement with the EU or anywhere is positive because our own backyard is
    largely a political and economic Joke

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  8. Elaycee (4,301 comments) says:

    Some folk need a dose of Reality 101…..

    We are a tiny country tucked away in the South Pacific, some 2100kms from our nearest neighbour. We not only have to trade to survive – we have to be good at it, too!

    The establishment of FTA agreements / TPP agreements / Closer Economic Agreements / Bilateral Trade agreements etc, are vital. By entering into a trade agreement with (for example China) it doesn’t mean we endorse their politics / their track record on human rights etc – it’s just that both parties have recognised NZ has something to sell / China wants to buy it and the Agreement breaks down the barriers to make it happen. Anyone doubting the merits of trade agreements, need look no further than the huge increase in exports since the China FTA was signed.

    I’m amazed there are still some who say we shouldn’t deal with China / or the EU / or Russia / or Iran etc. If we can produce it / sell it / get paid in advance, then we should do it. It’s a total no-brainer.

    Anyone who thinks we should pick and choose our trading partners and that we shouldn’t deal with countries because of some ‘peripheral’ issue, need to wake up: if we don’t trade, we’re stuffed. If they can pay their way – we do it.

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  9. wreck1080 (3,730 comments) says:

    So this means the UK will start buying our stuff again?

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  10. ShawnLH (3,355 comments) says:

    In the long run the best way to undermine tyranny is through trade.

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  11. Liberty (236 comments) says:

    Elaycee

    ” Some folk need a dose of Reality 101…..”

    That is what you call a bloody good post.

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  12. Huevon (186 comments) says:

    What will a “free” trade deal with the EU look like….well, you won’t be putting Parmesan cheese on your pasta anymore, that will be “strong flavoured grated cheese”, same would go for feta, camembert, cheddar and forget about drinking Hawkes Bay Bordeaux-style reds. The EU’s trade policy is to extract monopoly rents on products of “unique geographic origin”. Doesn’t matter if the name has passed into common usage and no customers are actually being fooled that camembert really comes from Camembert in France (who knew that anyway?). How will NZ square this with the interests of our dairy industry?

    And listen to what British MEP Daniel Hannan has to say about the way the EU operates to get support..

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  13. EAD (601 comments) says:

    @ Elaycee

    I actually agree with you 100%. My first post was more to highlight the fact that governments can only inflict poverty on it’s citizens by denying them economic and personal freedom and the EU is one of the worst offenders. When you think about it, if I want to buy a car made by a German manufacturer, a Japanese manufacturer or an Italian manufacturer or if they want to by kiwifruit from Hawkes Bay, why should consenting parties be restricted in such a trade by whether or not politicians allow that trade to take place or if they add artificial barriers to such a trade?

    When you think of trade like the above as being an action between 2 consenting parties where both by definition benefit, the EU is an absurd creation. It has no mandate and no demos. That we have to do “deals” to allow such a thing to occur just goes to highlight the absurdity of it all.

    “When you see that trading is done, not by consent, but by compulsion — when you see that in order to produce, you need to obtain permission from men who produce nothing — when you see that money is flowing to those who deal, not in goods, but in favors — when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you — when you see corruption being rewarded and honesty becoming a self-sacrifice — you may know that your society is doomed”

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  14. mikenmild (10,715 comments) says:

    Thank you Ayn Rand…

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  15. mikenmild (10,715 comments) says:

    So John Key’s attendance at the Nuclear Security Summit has been focused on trade deals.

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  16. Sir Cullen's Sidekick (786 comments) says:

    Hell will freeze over before EU signs a free trade deal with us. They are protectionists to the core.

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  17. Sir Cullen's Sidekick (786 comments) says:

    mikenmild (7,998 comments) says:
    March 26th, 2014 at 9:58 am

    So John Key’s attendance at the Nuclear Security Summit has been focused on trade deals.

    Yes it is. Move on bro.

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  18. OECD rank 22 kiwi (2,811 comments) says:

    What a joke. The EU is a customs Union and New Zealand ain’t in it. France will never let you sell jack.

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  19. SJM (68 comments) says:

    One needs to be very careful when dealing with the EU, its actions are calculated on the basis of what that action does to further its ambition to become the United States of Europe. After all the whole Ukrainian mess was not about a trade deal with the EU, as the msm would have you think, but expanding the EU’s border further east, thus provoking Russia’s reaction.
    http://www.eureferendum.com

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  20. RF (1,271 comments) says:

    When I see the likes of Bill and Ben Dover commenting it confirms that the standard has crashed and burnt. Labour are now sending their pilgrims here to spread the word. Tossers. Get a life.

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  21. Ben Dover (526 comments) says:

    you need a new flag Chimp

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