Emerging trade agreements

Stephen spoke to the Primary Industry Summit in Wellington on 25 May.  Read his speech here.

I’d like to start today by asking the question – why do we seek negotiate trade agreements in the first place, especially when they seem so hard to I’ll then give you a sense of where I, as business observer, think some of the more current FTA negotiations are up to.

I’d also like to venture some thoughts about what all this might mean for the primary industries.

The next generation of FTAs – what does business want?

While in Qingdao , China, for the APEC Senior Officials’ meeting Stephen spoke to a workshop focused on sharing information between free trade agreements in operation in the Asia Pacific region.  He outlined what business wants to see from FTAs and what the APEC Business Advisory Council (ABAC) wants governments to do at this point to develop the next generation of agreements:

“Next generation issues can be new approaches to old issues as much as new issues not previously thought of. Next generation issues are rather more likely to be found behind the border than at the border. And so more than ever before we need to devise robust processes to address non-tariff barriers and other “behind the border” issues. We need to develop greater coherence in rule making around the region and co-ordinate – to the greatest extent possible our approach to issues like investment, innovation and competition.We need to develop a stronger focus on services trade issues recognizing the by growing share of services trade in global commerce.We need to continue to work on the digital economy and try to incorporate new disciplines relevant to the way business is being done today, including permanent duty free access for digital products.”

Read Stephen’s full address here.

 

Focus on Korea

Focus on Korea

Click on the link above to read this article by Stephen Jacobi on the importance of Korea for New Zealand,  originally published in the Dominion Post and now available on the New Zealand International Business Forum website.

2nd Korea-New Zealand Business Roundtable opens in Seoul

2nd Korea-New Zealand Business Roundtable opens in Seoul. A media release by Stephen Jacobi available on the New Zealand International Business Forum website.

Second Korea-NZ Business Roundtable to be held Seoul, 6 July 2010

Second Korea-NZ Business Roundtable to be held Seoul, 6 July 2010. A media release by Stephen Jacobi available on New Zealand International Business Forum website.