What’s Key in Korea for again?

Written By: - Date published: 6:32 am, July 7th, 2010 - 16 comments
Categories: john key, overseas investment - Tags:

Key’s worried about us being even more bought out by foreigners. Key’s in South Korea about to sign a Free Trade Agreement. New Zealand already has nearly no tariffs. Everyone knows the sweetener for the other side in these deals is opening up investment in NZ. So, Key’s railing against foreign ownership while making it easier. Nice.

16 comments on “What’s Key in Korea for again?”

  1. Fisiani 1

    The possibility of us increasing exports to South Korea from a trade deal never occurs to Zetetic. Duh!
    John Key made more trade progress in 30 minutes of discussions than our representatives have made in the last 3 months

    • Lanthanide 1.1

      Uh, he only got to have that 30 minute discussion *because* of the efforts of the representatives have made in the past months (likely more than 3).

      Very rarely does the national figurehead do anything more than rubberstamp and glad-hand the deal forwards.

  2. Emp 2

    Oh dear zetetic show again his stupidity. Korea is the 13th largest market in the world, ever thought we might want to sell more to them? Oh no, that’s right john key is evil and wants to destroy New Zealand, only stupid people don’t know this.

  3. Ah the spelling errors are fixed.

    I see that the usual suspects are making their usual types of statements. Not subtle are they? You get the impression that they completely failed to pickup on the ironies that Z was writing about. Perhaps they should read the post (it is pretty short and sweet) rather than simply reacting with what look like spin lines.

    • TightyRighty 3.1

      there is no harm in what key is doing, it’s just zets selective spin on what he is doing that makes it appear bad. this is just a pathetic left wing smear. overseas investments in new areas is very beneficial. older, more mature investments don’t provide the same benefits to the host nation when ownership or investment by foreign entities happens.

      LP, it isn’t “irony”, it’s zets spin. Irony is when Len Brown is claimed to be the subject of a character assasination attempt by the right, then goes on tv and slaps his head and chest like a retard.

  4. Heh heh you’re onto out dear leader all right.
    He’s comfortable with tying us into Australia’s angst and untenable policies on boat people also. Staging post, border police from NZ? Cost money to us, to defend Oz’s borders. We are the same size as a city state there – doesn’t compute, Goff sounded a sensible, practical and forward thinking politician.

    We would get tarred with same brush as was nasty scheming John Howard. They didn’t like him out there and so he didn’t get that sweet cricket post which he thought was a shoo-in. Key had better watch out – his future ambitions may be put in jeopardy too if he doesn’t step lively.

    • prism 4.1

      I’m largely in wrong thread in my previous post – should have been in Xenophobia.

      Wanting overseas money for investment is usually sold as creating jobs, growing the economy. Oh please! If investment is made, returns are wanted, and that creates a drain from the revenue of the country.

      Crayfur managed to gain credit to fund his expansive farm scheme but now the basket of properties is being hocked around and we are in danger of losing the future returns to overseas interests, and to add to this, possibly isolating the ventures from the NZ economy (and possibly regulation) as well by supplying management, workers, equipment from overseas. Managing all the business’s inputs and outputs is I think called vertical integration.

      And foreign business coming here is not new, but will increase over time with ownership tending to remain in overseas hands, and will change the nature of our industry. Eventually it is likely there will be a negative event (like the melamine scandal) which will affect our country’s profile internationally also our connection and physical and mental appreciation of our country.

      • Gosman 4.1.1

        Nice to see members of the left ignoring basic economic theory and claiming overseas investment is a bad thing because profits go overseas. Tell that to countries like Zimbabwe who are crying out for capital but can’t get it because of their stupid leftist policies have made the nation a basket case and noone trusts them to protect their money.

  5. randal 5

    he’s just there for the ride.
    everybody knows that his government is inept and childish and that they wil be rolled at the next election.
    he just getting all the freebies now.

    • Emp 5.1

      yeah everybody knows that randal except the voters who get polled who tell the pollsters that they’re going to vote national. Get out more randal, talk to actual voters. Voters like john key, don’t want phil goff as prime minister, and your lovely labour party is going to get its clock washed.

      So helen clark was on a free ride when she went to korea too? labour good national bad, yeah yeah I know your spin line.

  6. Maggie 6

    Key is in Korea because it is another nation he can tick off his “places I went to at taxpayers’ expense” list.

  7. Maggie 7

    TR, why don’t you wait to post till you’re sober? Or are you ever?

  8. Kevin Welsh 8

    Why is Key in Korea?

    So he doesn’t have to front up to the media and explain why ‘Party Central” has gone tits-up.

  9. zakC 9

    The one thing you could have been a little more mindful of is the China Agbank IPO float July 15th..

    SK could work as a party player’s – (clue: party – counterparty) – backdoor. The question surely then would be for whose benefit?

Links to post

Recent Comments

Recent Posts

  • Confirmation bias
    Something slightly deeper. Facebook is an out of control dangerous institution that neatly divides us up into our own tribes and lets us reinforce our beliefs with each other while at the same time throw rocks ...
    Confirmation bias
    1 hour ago
  • Andrew Little leads NZ delegation on global anti-terrorism taskforce
    Justice Minister Andrew Little leaves for the United States today to take part in a global task force that’s tackling terrorism and anti-money laundering. “I’m looking forward to leading the New Zealand delegation to the Financial Action Task Force (FATF) ...
    1 week ago
  • Third reading: Arms (Prohibited Firearms, Magazines, and Parts) Amendment Bill
    Mr Speaker We have travelled a long way in eight days, since the bill was read a first time. It has been a punishing schedule for MPs and submitters and public servants who have played a role in this process. ...
    2 weeks ago
  • Legal framework for gun buyback scheme announced
    Police Minister Stuart Nash has announced a legal framework for the gun buyback will be established as a first step towards determining the level of compensation. It will include compensation for high capacity magazines and parts. Mr Nash has outlined ...
    2 weeks ago
  • Second reading: Arms (Prohibited Firearms, Magazines and Parts) Amendment Bill
    Mr Speaker, it is Day 25 of the largest criminal investigation in New Zealand history. Not a day, or a moment, has been wasted as we respond to the atrocity that is testing us all. That is true also of ...
    2 weeks ago
  • First reading: Arms (Prohibited Firearms, Magazines and Parts) Amendment Bill
    Mr Speaker, as we meet today New Zealand is under a terror threat level of HIGH. As we meet today, Police are routinely carrying firearms, Bushmaster rifles and Glock pistols, in a significant departure from normal practice. As we meet ...
    3 weeks ago
  • NZ-China economic ties strengthened
    Economic ties between New Zealand and China are being strengthened with the successful negotiation of a new taxation treaty. The double tax agreement was signed by New Zealand’s Ambassador to China and by the Commissioner of the State Taxation Administration ...
    3 weeks ago
  • Tighter gun laws to enhance public safety
    Police Minister Stuart Nash has introduced legislation changing firearms laws to improve public safety following the Christchurch terror attacks. “Every semi-automatic weapon used in the terrorist attack will be banned,” Mr Nash says. “Owning a gun is a privilege not ...
    3 weeks ago