Tag: Employers And Manufacturers Association

TPP takes next step – EMA

Press Release – Employers And Manufacturers Association The release of the text of the Trans-Pacific Partnership (TPP) is a welcome next step in the process towards finalising the agreement.TPP takes next step – EMA The release of the text of the Trans-Pacific Partnership (TPP) is a welcome next step in the process towards finalising the agreement. We believe the overall result of the TPP will be significant for our economy, both today and in the future when it matures, says Kim Campbell, CEO, EMA. “There is a lot of detail to go through, and it’s too early to provide any reasonable analysis on this. However, we will work through this in due course. “Consistently, we have said that it is to New Zealand’s advantage to be at the table in regards to free trade agreements. We are an economy of 4.5 million people and it’s common sense that we need to find other markets to trade with. “The TPP gives New Zealand access to some of our most significant trading partners, along with opening other doors. While it’s not perfect, it has to be the way forward.” ENDS Content Sourced from scoop.co.nz Original...

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TPP study speculation wildly misleading

Press Release – Employers And Manufacturers Association The ‘new’ study said to cast doubt on the likely benefits of the Trans Pacific Partnership deal is without any merit as it based on pure speculation, the Employers and Manufacturers Association says.Media statement Wednesday, February 5th, 2014 TPP study speculation wildly misleading The ‘new’ study said to cast doubt on the likely benefits of the Trans Pacific Partnership deal is without any merit as it based on pure speculation, the Employers and Manufacturers Association says. “So called studies of this kind bring the credibility of New Zealand academic research into disrepute,” said Kim Campbell, EMA’s chief executive. “The report by the Sustainability Council says clauses in the TPP could side line local courts, reduce national sovereignty and weaken regulatory autonomy and would therefore reduce the value of the TPP. “But there is no evidence there will be any such clauses in the final agreement. “The study is mere speculation, premature and wildly misleading. “It fails to factor in the big cost to New Zealand if it were to proceed and we were not part of it. “On the other hand if it does proceed with New Zealand participation, our standard of living would be enhanced as a result of the extremely handsome trade gains we believe would be made. “Yet without the final agreement we can’t guess the extent of the...

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