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TRADE

Groser welcomes US announcement on Trans-Pacific Partnership

Monday 16 November 2009, 5:21PM

By Tim Groser

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Trade Minister Tim Groser has welcomed today's announcements by President Obama and US Trade Representative Ron Kirk that the United States intends to proceed with the Trans-Pacific Partnership (TPP).


"President Obama's positive comments on US commitment to the region and the regional trade agenda are welcomed by New Zealand.


"Today's announcements bring New Zealand's long-held goal of a free trade deal with the United States a step closer.


"This is very good news for New Zealand companies looking to expand future business links with the United States.


"But the Trans-Pacific negotiation is even more important as a potential pathfinder for a future regional trade deal such as a Free Trade Area of the Asia-Pacific.


"New Zealand negotiators will shortly meet counterparts from other Trans-Pacific Partnership countries to move ahead with plans for getting the negotiation under way," Mr Groser said.


Today's USTR press release is available at:


http://www.ustr.gov/about-us/press-office/press-releases/2009/november/ustr-news-kirk-comments-trans-pacific-partnership