John Key excited that TPP deal close but

admits it doesn’t adequately address dairy products (one of NZ’s main export products). That’s right, the PM acknowledges that dairy products are not dealt with in a way NZ would like… He even has to contradict Tim Groser’s views here and here  to try to not make his point. It’s “net positive” for NZ if it were signed today, but dairy would be a loser. So, Key happy to trade dairy for other benefits to NZ of TPP.

June 22 (BusinessDesk) – The Trans-Pacific Partnership trade pact does not yet include an acceptable deal on access for New Zealand’s most important exports, dairy products, with little more than a month to go before the controversial 12 nation trade deal could be concluded.

“I think the way I would describe it is there’s a deal. It’s probably not at the level that we would currently like,” said Prime Minister John Key at his post-Cabinet press conference in Wellington. He was referring to comments last week by Trade Minister Tim Groser that negotiations on dairy access to the heavily protected US, Canadian and Japanese markets had “barely started.”

A vote is due in the US Senate as early as mid-week to grant “fast-track” negotiating authority to US President Barack Obama to conclude the deal after a crucial vote in the Congress last Thursday left the Senate as the final hurdle.

Key took issue with Groser’s comments to BusinessDesk last week that there was so far “no deal” on dairy products.

“It’s not to say that there’s a bad deal on dairy products, it’s more to say that there’s no deal,” Groser said last week. “We’ve barely started. Phony negotiating positions have been put on the table but that doesn’t help a professional negotiator make a judgement as to where the landing zone is.”

However, Key said: “From what I’ve seen at the moment, if in theory we froze time and concluded the deal as I see it, it’s net positive for New Zealand. But it wouldn’t be doing enough for dairy for us to be comfortable and we would like to do some more there. There are a lot of other sectors that would be very happy about it.”

Remember Key thought the TPP would be completed by end of 2014. So where is the questioning of Key about exactly what is worth trading dairy for?

Powered by WPtouch Mobile Suite for WordPress