{"id":2661,"date":"2012-11-07T09:54:28","date_gmt":"2012-11-07T09:54:28","guid":{"rendered":"http:\/\/neweconomics.net.nz\/?p=2661"},"modified":"2013-08-18T08:16:24","modified_gmt":"2013-08-18T08:16:24","slug":"do-you-know-how-the-trans-pacific-partnership-agreement-tppa-will-affect-business-in-new-zealand","status":"publish","type":"post","link":"https:\/\/neweconomics.net.nz\/index.php\/2012\/11\/do-you-know-how-the-trans-pacific-partnership-agreement-tppa-will-affect-business-in-new-zealand\/","title":{"rendered":"Do you know how the Trans-Pacific Partnership Agreement (TPPA) will affect business in New Zealand?"},"content":{"rendered":"<p>The TPPA, a so-called \u2018free trade agreement\u2019, is being negotiated secretly by 11 countries round the Pacific rim and is likely to lead to:<\/p>\n<ul>\n<li>Loss of sovereignty and ability for the NZ Government to legislate for the well-being of its people. Corporations will be able to overturn our decisions.<\/li>\n<li>Decreased ability for New Zealand to protect itself from a collapsing global economy. With capital controls it would be impossible to impose a financial transaction tax, demand a minimum stay of capital etc. New Zealand is very vulnerable because the NZD is the 10th most traded currency and our current account deficit is large.<\/li>\n<li>Loss of New Zealand SME\u2019s ability to genuinely compete for central and local Government tenders. Greater competition for local businesses.<\/li>\n<li>Increased sale of land and assets to overseas owners<\/li>\n<li>Further deregulation of the already weakly regulated and increasingly powerful financial industry. Lessened ability to regulate against toxic financial products.<\/li>\n<li>Possibility for Government being sued if legislation reduces corporate profits e.g. climate change, environmental protection, public health (tobacco, alcohol, food, gambling), financial re-regulation.<\/li>\n<li>Restricting or requiring payment for access to internet information, thus reducing the ability of SMEs to compete.<\/li>\n<li>More overseas ownership of banks, telecommunications, insurance companies, media, supermarkets, elderly care facilities and transport firms.<\/li>\n<li>More unemployment and a lower tax take<\/li>\n<li>Fewer opportunities for democratic participation by citizens<\/li>\n<\/ul>\n<p><strong>The 15<sup>th<\/sup> (and final?) round of negotiations takes place in Auckland from 3-12 December. \u00a0Time is really short. <\/strong><\/p>\n<p><strong>Please<\/strong><\/p>\n<ol>\n<li>Go to <a href=\"http:\/\/www.itsourfuture.org.nz\">www.itsourfuture.org.nz<\/a> or <a href=\"http:\/\/www.fairdeal.net.nz\" class=\"broken_link\">www.fairdeal.net.nz<\/a> to learn more.<\/li>\n<li>Write to the Minister of Trade, the Prime Minister and ask the negotiators to insert an opt-out clause for future governments.<\/li>\n<li>Organise your sector to oppose the secrecy and the trend to give increasing rights to Trans National Corporations.<\/li>\n<\/ol>\n<p><strong>This brochure prepared by the New Economics Party <\/strong><a href=\"https:\/\/neweconomics.net.nz\"><strong>https:\/\/neweconomics.net.nz<\/strong><\/a><strong>\u00a0Contact: <\/strong><a href=\"mailto:deirdre.kent@gmail.com\"><strong>deirdre.kent@gmail.com<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The TPPA, a so-called \u2018free trade agreement\u2019, is being negotiated secretly by 11 countries round the Pacific rim and is likely to lead to: Loss of sovereignty and ability for the NZ Government to legislate for the well-being of its &hellip; <a href=\"https:\/\/neweconomics.net.nz\/index.php\/2012\/11\/do-you-know-how-the-trans-pacific-partnership-agreement-tppa-will-affect-business-in-new-zealand\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[139,441,444],"tags":[25,451,450,448,449],"_links":{"self":[{"href":"https:\/\/neweconomics.net.nz\/index.php\/wp-json\/wp\/v2\/posts\/2661"}],"collection":[{"href":"https:\/\/neweconomics.net.nz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neweconomics.net.nz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neweconomics.net.nz\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/neweconomics.net.nz\/index.php\/wp-json\/wp\/v2\/comments?post=2661"}],"version-history":[{"count":5,"href":"https:\/\/neweconomics.net.nz\/index.php\/wp-json\/wp\/v2\/posts\/2661\/revisions"}],"predecessor-version":[{"id":2674,"href":"https:\/\/neweconomics.net.nz\/index.php\/wp-json\/wp\/v2\/posts\/2661\/revisions\/2674"}],"wp:attachment":[{"href":"https:\/\/neweconomics.net.nz\/index.php\/wp-json\/wp\/v2\/media?parent=2661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neweconomics.net.nz\/index.php\/wp-json\/wp\/v2\/categories?post=2661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neweconomics.net.nz\/index.php\/wp-json\/wp\/v2\/tags?post=2661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}