David Parker proposed a new way of trading

David Parker, minister for trade and export growth, said the government will not relinquish New Zealand’s leadership in free trade, but must comply with our conditions. Before heading to APEC, Parker talked to Sam Sachdeva about “excessive behavior of global capital” and avoided a public rally.

As a part of labor policy, David Parker is endowed with a series of challenging roles.

With the combination of economic development and the environment, the government has some ambitious plans that will be enough challenges for both to add yet more to work with the Prosecutor General’s position.

However, Parker’s toughest role could be Minister of Trade and Export cheap wholesale corsets Growth, who will be responsible for resolving supporters’ suspicions of free-trade transactions and appeaseing both exporters and the business community.

Early signs were positive that foreign buyers were barred from fulfilling Labor’s pre-election pledges without prejudice to TPP negotiations and existing trade transactions (except Singapore). However, the more serious obstacles may be in front.

Free trade agreement “sexy”, but not enough

Under the previous National Government, Trade Minister Tros Groser and Todd McClay signed as many Free Trade Agreements in New Zealand.

The “Trade Agenda 2030” strategy launched by McClay earlier this year set the goal of 90% of New Zealand’s exports covering free trade agreements.

Parker convinced the free trade agreement is not very confident, he said: “They are sexy, but they are not the end.

“Exports may fall and you can still reach the target of (90%) – FTAs ​​are not the driving force behind the investment we need to sell new products and services to the world.”

His commitment to raising the 2012 share of exports from 30% to 40% by 2012 is equally sharp, and the promise is quietly waived.

“This is not an epic failure. Nine years later, they increased their export growth rate from 30% to 40% and back to 26%, less than 30% by the end of the forecast period.”

Parker argues that the way exports grow is not through free-trade agreements, but rather more investment in the productive sector at the expense of “speculative land classes.”

“If you want to measure how your economy boosts productivity, which drives the development of new products and services, you have to devote more valuable investment capital to these areas than to dedicate them all to rental properties.”

Critics of appeasing the TPP may be David Parker’s early test. Photo: Lynn Grieveson.
One of New Zealand’s concerns at home and abroad is the protectionism of the new government, which could lead to the withdrawal of the new government from its most recent advocacy role.

Parker does not intend to relinquish New Zealand’s trade leadership; instead, he wants to focus on what some call the “gold standard” deal, adding environmental and labor protection to tariffs and reductions in non-tariff barriers.

“There are too many cross-border issues now: You see these marine plastics, we face the problems caused by climate change, so many environmental issues are international.

“If you can use trade policies in a way that will make the economies of the world overcome the environmental challenges, that is a very good thing.

More broadly, Parker wants to stop public opinion about the inequities that have led the opposition to the rest of the world, such as Britain’s Brexit and Donald Trump’s election in the United States.

Parker said New Zealand and elsewhere have every reason to fear that the “pounding of the system on top of the interests of the world’s richest” is what the U.S. politician Bernie Sanders said.

“New Zealand is a very attractive destination and you have to ask yourself if you see the economy outside … What rights New Zealanders have, we do not think this is right We allow New Zealanders to fight for our own inner ”
“We must be very careful. We admit it is a fact, because it is a fact that we do not allow ourselves to be conquered to one in 100% of the world’s interest in New Zealand.

“This is important for two reasons. First, it is unfair to conquer ourselves to one percent of our interests. Second, if we do not deal with these issues, we will get a public rally and sometimes be misled.”

He said labor is a liberal and outward-looking political party, but also wants to protect the country from being “over-shocked by the globalization of capital.”

“This is in New Zealand’s social interest and we do not like those extreme fortunes … so we will push them.

This is first and foremost reflected in a ban on the purchase of existing homes by non-residents by foreign countries – Parker said that this policy will mainly affect members seeking one percent of the safe haven.

“Given the insecurity in most parts of the world, I mean insecurity, environmental degradation and overpopulation around the world, New Zealand is a very attractive destination, and if you are outside this economy, you have to ask Ourselves … What rights do New Zealanders have? We do not think it is right that we allow New Zealanders to fight for our own inner self. ”

He believes the value of New Zealand land may be stronger than elsewhere because of the influence of the Maori culture.

“The proposition is true from the most beautiful bay on the island to the most glorious part of New Zealand’s southern lakes, to the mildest house, but nevertheless most people can afford it.

“I do not want anyone in New Zealand to be pushed out of the competition by overseas rivals who happen to be richer than them.”

Maintain the New Zealander cycle

In order to avoid any false rebound, during the election period, ILO proposed the establishment of a trade advisory committee composed of academics, trade unionists and business representatives and other departments to negotiate potential free trade agreements.

Parker said the government will set up a committee that, although time has not been set, considers it the best way to consider public concerns.

“If you are more open to the steps taken to protect the interests of New Zealanders – and that’s really the case – everyone is building their ownership around the world in many different ways, with multiple, multinational acts that we have already adopted through Panama The document saw some rather horrible behavior in these wealth pools.

“If you have a Trade Commission talking about these issues through civil society, they tell the government what to do and see what we are doing.

Parker will face an early test of whether he can bring the public to him.

Before the current summit of the Asia-Pacific Economic Cooperation (APEC) in Vietnam, it seems unlikely that New Zealand will win the massive change in the TPP’s investor country dispute settlement clause, which Prime Minister Jacinda Ardern called this week ” a dog”.

So far, the government’s signal is that it will swallow well-known dead rats and sign the dotted line – a decision that will make exporters happy, but may be angry with enthusiastic TPP critics who expect a tougher stance on the part of workers .

If Adnan and Parker signed the agreement, the trade minister how to adjust the outcome may decide whether there is any public rally to reach his door.

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