Broad support for TPP from SMEs

Press Release – MYOB Boost for free trade supporters on eve of legislative debate with SMEs also favouring more trade agreementsBroad support for TPP from SMEs Boost for free trade supporters on eve of legislative debate with SMEs also favouring more trade agreements With debate on legislation to enable the Trans-Pacific partnership due to kick off in parliament tomorrow, a new survey released by accounting software developer MYOB shows a majority of businesses in New Zealand support the 12-nation trade deal. In an additional boost to the backers of free trade, 45 per cent of business operators said they favour New Zealand pursuing more free trade agreements (FTAs) with international trading partners. The latest MYOB Business Monitor research of more than 1,000 SMEs across New Zealand, conducted for MYOB by Colmar Brunton, showed that more than one third of local businesses (36 per cent) said they favoured staying in the TPP. Just a quarter of business owners said New Zealand should pull out of the deal, while 39 per cent said it would not affect their vote. MYOB New Zealand General Manager James Scollay says local SMEs clearly see that the benefits of international trade opportunities outweigh the opposition that has surrounded the TPP. “Overall, we see strong support in the survey for the Government continuing to pursue free trade agreements internationally,” says James Scollay. “At the same time,...

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