ISDS Case Map
New Zealand
Major New Zealand exporters are applauding the government's efforts to salvage a massive trade deal, but a long-time opponent says it is basically dead in the water.
Peru and Indonesia will soon begin a series of bilateral meetings to reach a free trade agreement.
Some nations such as New Zealand, Australia and Japan have been pushing for the deal to continue, but Malaysia’s Trade Minister Mustapa Mohamed said his country was less keen to proceed.
The PACER Plus Trade Agreement will be signed by 14 Pacific Island countries including Australia and New Zealand on June 14 in Nuku’alofa, Tonga.
Pacific Alliance countries are in talks to expand the trade bloc outside Latin America and into high-growth Asia as the future of established deals, such as NAFTA and the evolving Trans-Pacific Partnership (TPP), hang in the balance.
New Zealand has formally ratified the Trans-Pacific Partnership trade deal just days before Prime Minister Bill English heads to Japan for discussions over its future without the United States.
One of Prime Minister Narendra Modi’s most insightful, if low key, foreign policy initiatives was to work to deepen relations with more than a dozen island nations of Oceania.
But 14-nation deal may be largely symbolic without Fiji and Papua New Guinea.
An idea has emerged that the Trans-Pacific Partnership can take effect among at least five nations including Japan, Australia and New Zealand.
There were promises that the agreement would be for the benefit of the Pacific. But it has been shaped more by the advantages to Australia and New Zealand exporters than the aspirations of the Pacific’s people.
