A few weeks ago, New Zealand First betrayed its membership by deciding to support Labour’s attempt to advance the Trans Pacific Partnership Agreement. Many said that they would quit the party over it and the party has slumped in the most recent Colmar Brunton Poll to just 3%.
Prime Minister Jacinda Ardern has said that she will unveil the text of the Trans Pacific Partnership Agreement’s replacement, the so called Comprehensive and Progressive Trans Pacific Partnership (or C.P.T.P.P.)on Wednesday. Ms Ardern insists that the C.P.T.P.P. is a significant step forward for New Zealand trade development. New Zealand First Leader Winston Peters, who believes that his party can now support the agreement, says that the clauses that made the party oppose it have now been removed and he can tolerate it.
WRONG. The clauses have not been removed. They have only been suspended in an attempt to get United States President Donald Trump to back track on his withdrawal of the Trans Pacific Partnership Agreement a few days after he took office. No changes of substance have been made and the Trans Pacific Partnership Agreement is still the trojan horse it was before Mr Trump decided to withdraw the United States from it.
Nothing has changed in other words.
I support New Zealand developing strong trade relations with other nations. But there are checks and balances that should be in place before we have these agreements. The purpose of these checks and balances is to make sure that due process is followed and that the Agreement in whatever form it turns out to be, really will help New Zealand. For this to happen New Zealand First’s “Fight Foreign Corporate Control Bill should have been advanced instead of being shot down by National and A.C.T. on the grounds of being “anti-trade”.
There is a clearly defined difference between having a trade deal and undermining New Zealand so that it is more susceptible to corporate takeover. Having a trade deal means New Zealand can conduct trade with the nations that it negotiated the deal/s in question with. New Zealand respects them as nations and they respect us. Businesses are invited to submit concerns and suggestions at the select committee stage and the committee draft recommendations that are then agreed to or dropped. A corporate deal that favours multinationals and undermines New Zealand’s sovereignty does no such thing.
So I wait with baited breath to see what happens to this dastardly agreement in its latest phase. But this particular deal is not one New Zealand should be proud of or a part of.