TPP: Helen Clark says yes. Andrew Little still says no

Helen Clark understands how trade lifts people out pf poverty. Andrew little does not.

Helen Clark understands that trade provides jobs, Andrew Little does not.

The TPP bill has returned to parliament.

The Bill that will allow the Government to ratify the Trans-Pacific Partnership free trade agreement is back in Parliament and ready to go through its remaining stages.

The foreign affairs, defence and trade select committee reported the Bill back on Thursday – against the wishes of Labour and the Greens.

The bill amends 10 Acts to align New Zealand law with its obligations under the TPP, which the Government signed in February along with 11 other nations.

The committee made minor changes and reported it back on a majority vote.

Labour and the Greens put in minority reports. ?

“As it stands, we cannot support the ratification of the Trans-Pacific Partnership Agreement, thus we oppose the passage of this bill,” said Labour, which has disagreed with it from the start.

The Greens said the bill was flawed because it relied on a misleading analysis of New Zealand’s interests.

“The Green Party calls on the Government to withhold ratification – we call for a fundamental review of trade and investment policy,” it said.

The agreement covers 40 percent of global trade and 800 million people.

To take effect it must be ratified by at least six countries that account for 85 percent of the group’s economic output, which makes the United States essential.

Ratification by the US if far from certain and both presidential candidates, Hillary Clinton and Donald Trump, have said they oppose it.

However, President Barack Obama is a strong supporter and hopes it can be ratified by the US Congress during the so-called lame duck period between the presidential election on November 8 and the inauguration of the new president on January 20.

The partner countries are New Zealand, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, Peru, Singapore, the United States and Vietnam.

Andrew Little has the same position as Donald Trump on free trade. No surprises then at his ratings in our latest INCITE: Politics polling due out shortly.

If the US doesn’t want to be part of the TPP then stuff them. I’m sure China will embrace it.

Labour and the Greens have a position where they’d rather protect (and that is debatable) Kiwi jobs than lift people in third world nations out of real poverty. Neo-liberalism (their word, not mine) and free trade is responsible for lifting hundreds of millions of people out of the poverty trap they were in before. Labour and the Greens oppose that.

 

– Newshub

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