NZ Herald
  • Home
  • Latest news
  • Herald NOW
  • Video
  • New Zealand
  • Sport
  • World
  • Business
  • Entertainment
  • Podcasts
  • Quizzes
  • Opinion
  • Lifestyle
  • Travel
  • Viva
  • Weather

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • New Zealand
    • All New Zealand
    • Crime
    • Politics
    • Education
    • Open Justice
    • Scam Update
  • Herald NOW
  • On The Up
  • World
    • All World
    • Australia
    • Asia
    • UK
    • United States
    • Middle East
    • Europe
    • Pacific
  • Business
    • All Business
    • MarketsSharesCurrencyCommoditiesStock TakesCrypto
    • Markets with Madison
    • Media Insider
    • Business analysis
    • Personal financeKiwiSaverInterest ratesTaxInvestment
    • EconomyInflationGDPOfficial cash rateEmployment
    • Small business
    • Business reportsMood of the BoardroomProject AucklandSustainable business and financeCapital markets reportAgribusiness reportInfrastructure reportDynamic business
    • Deloitte Top 200 Awards
    • CompaniesAged CareAgribusinessAirlinesBanking and financeConstructionEnergyFreight and logisticsHealthcareManufacturingMedia and MarketingRetailTelecommunicationsTourism
  • Opinion
    • All Opinion
    • Analysis
    • Editorials
    • Business analysis
    • Premium opinion
    • Letters to the editor
  • Politics
  • Sport
    • All Sport
    • OlympicsParalympics
    • RugbySuper RugbyNPCAll BlacksBlack FernsRugby sevensSchool rugby
    • CricketBlack CapsWhite Ferns
    • Racing
    • NetballSilver Ferns
    • LeagueWarriorsNRL
    • FootballWellington PhoenixAuckland FCAll WhitesFootball FernsEnglish Premier League
    • GolfNZ Open
    • MotorsportFormula 1
    • Boxing
    • UFC
    • BasketballNBABreakersTall BlacksTall Ferns
    • Tennis
    • Cycling
    • Athletics
    • SailingAmerica's CupSailGP
    • Rowing
  • Lifestyle
    • All Lifestyle
    • Viva - Food, fashion & beauty
    • Society Insider
    • Royals
    • Sex & relationships
    • Food & drinkRecipesRecipe collectionsRestaurant reviewsRestaurant bookings
    • Health & wellbeing
    • Fashion & beauty
    • Pets & animals
    • The Selection - Shop the trendsShop fashionShop beautyShop entertainmentShop giftsShop home & living
    • Milford's Investing Place
  • Entertainment
    • All Entertainment
    • TV
    • MoviesMovie reviews
    • MusicMusic reviews
    • BooksBook reviews
    • Culture
    • ReviewsBook reviewsMovie reviewsMusic reviewsRestaurant reviews
  • Travel
    • All Travel
    • News
    • New ZealandNorthlandAucklandWellingtonCanterburyOtago / QueenstownNelson-TasmanBest NZ beaches
    • International travelAustraliaPacific IslandsEuropeUKUSAAfricaAsia
    • Rail holidays
    • Cruise holidays
    • Ski holidays
    • Luxury travel
    • Adventure travel
  • Kāhu Māori news
  • Environment
    • All Environment
    • Our Green Future
  • Talanoa Pacific news
  • Property
    • All Property
    • Property Insider
    • Interest rates tracker
    • Residential property listings
    • Commercial property listings
  • Health
  • Technology
    • All Technology
    • AI
    • Social media
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
    • Opinion
    • Audio & podcasts
  • Weather forecasts
    • All Weather forecasts
    • Kaitaia
    • Whangārei
    • Dargaville
    • Auckland
    • Thames
    • Tauranga
    • Hamilton
    • Whakatāne
    • Rotorua
    • Tokoroa
    • Te Kuiti
    • Taumaranui
    • Taupō
    • Gisborne
    • New Plymouth
    • Napier
    • Hastings
    • Dannevirke
    • Whanganui
    • Palmerston North
    • Levin
    • Paraparaumu
    • Masterton
    • Wellington
    • Motueka
    • Nelson
    • Blenheim
    • Westport
    • Reefton
    • Kaikōura
    • Greymouth
    • Hokitika
    • Christchurch
    • Ashburton
    • Timaru
    • Wānaka
    • Oamaru
    • Queenstown
    • Dunedin
    • Gore
    • Invercargill
  • Meet the journalists
  • Promotions & competitions
  • OneRoof property listings
  • Driven car news

Puzzles & Quizzes

  • Puzzles
    • All Puzzles
    • Sudoku
    • Code Cracker
    • Crosswords
    • Cryptic crossword
    • Wordsearch
  • Quizzes
    • All Quizzes
    • Morning quiz
    • Afternoon quiz
    • Sports quiz

Regions

  • Northland
    • All Northland
    • Far North
    • Kaitaia
    • Kerikeri
    • Kaikohe
    • Bay of Islands
    • Whangarei
    • Dargaville
    • Kaipara
    • Mangawhai
  • Auckland
  • Waikato
    • All Waikato
    • Hamilton
    • Coromandel & Hauraki
    • Matamata & Piako
    • Cambridge
    • Te Awamutu
    • Tokoroa & South Waikato
    • Taupō & Tūrangi
  • Bay of Plenty
    • All Bay of Plenty
    • Katikati
    • Tauranga
    • Mount Maunganui
    • Pāpāmoa
    • Te Puke
    • Whakatāne
  • Rotorua
  • Hawke's Bay
    • All Hawke's Bay
    • Napier
    • Hastings
    • Havelock North
    • Central Hawke's Bay
    • Wairoa
  • Taranaki
    • All Taranaki
    • Stratford
    • New Plymouth
    • Hāwera
  • Manawatū - Whanganui
    • All Manawatū - Whanganui
    • Whanganui
    • Palmerston North
    • Manawatū
    • Tararua
    • Horowhenua
  • Wellington
    • All Wellington
    • Kapiti
    • Wairarapa
    • Upper Hutt
    • Lower Hutt
  • Nelson & Tasman
    • All Nelson & Tasman
    • Motueka
    • Nelson
    • Tasman
  • Marlborough
  • West Coast
  • Canterbury
    • All Canterbury
    • Kaikōura
    • Christchurch
    • Ashburton
    • Timaru
  • Otago
    • All Otago
    • Oamaru
    • Dunedin
    • Balclutha
    • Alexandra
    • Queenstown
    • Wanaka
  • Southland
    • All Southland
    • Invercargill
    • Gore
    • Stewart Island
  • Gisborne

Media

  • Video
    • All Video
    • NZ news video
    • Herald NOW
    • Business news video
    • Politics news video
    • Sport video
    • World news video
    • Lifestyle video
    • Entertainment video
    • Travel video
    • Markets with Madison
    • Kea Kids news
  • Podcasts
    • All Podcasts
    • The Front Page
    • On the Tiles
    • Ask me Anything
    • The Little Things
  • Cartoons
  • Photo galleries
  • Today's Paper - E-editions
  • Photo sales
  • Classifieds

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Business / Economy

TPP conclusion top of the Apec agenda

Audrey Young
By Audrey Young
Senior Political Correspondent·NZ Herald·
17 Nov, 2015 04:00 PM4 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Prime Minister John Key will have several opportunities to speak to US President Barack Obama. Photo / Pete Souza

Prime Minister John Key will have several opportunities to speak to US President Barack Obama. Photo / Pete Souza

Prime Minister and US President to discuss future partnership nations.

One of the first things John Key will do at the Apec summit in Manila today is celebrate the conclusion of the Trans Pacific Partnership talks at a meeting chaired by US President Barack Obama.

They will talk about a formal signing ceremony early next year and how other countries may join the existing grouping of 12 TPP countries.

The deal was finalised in Atlanta early last month after five years of negotiation and still has to be passed by the United States Congress as the country gears up for presidential selections and an election contest.

Mr Key said he believed it would pass, having had extensive discussions with US Trade Representative Mike Froman in New York in September.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

South Korea is almost certain to be the next country to join, having FTAs settled or under negotiation with 11 of the 12 TPP countries.

Colombia may make an early bid to join as well. Although it is not a member of Apec, its three other partners in the Pacific Alliance trade bloc, Mexico, Peru and Chile, are all in Apec and in TPP. The Asean countries of Thailand, the Philippines and Indonesia have expressed an interest. And China is considered a longer term prospect.

Prime Minister John Key walks with Philippines Undersecretary of Foreign Affairs Rafael E. Seguis (left). Photo / AP.
Prime Minister John Key walks with Philippines Undersecretary of Foreign Affairs Rafael E. Seguis (left). Photo / AP.

"I don't think there is any doubt TPP will be a focal point for discussions at Apec because it has now been successfully concluded," Mr Key told reporters. "I think leaders will want to both celebrate that, and talk about the next stage of implementation of TPP and ratification of TPP."

Anti-TPP campaigner and Auckland University law professor Jane Kelsey said any country wanting to join would have to get the permission of each of the 12 countries on terms acceptable to them.

Advertisement
Advertise with NZME.

"They can demand things additional to what is in the agreement," she said. "It will be a TPPA-plus set of obligations and they will have to do that with each of the 12 countries individually, each of which will have different sets of TPPA-plus demands.

"The time for any other country to join is actually some way off and on terms that are going to screw them."

Mr Key said other issues at Apec would include Japan's recession and China.

He also believed Isis and the threat of terrorism would be raised in discussions, including its impact on the global economy and on people's sense of security as they travelled internationally.

Discover more

Opinion

Jane Kelsey: Trade negotiations with EU, just as fraught as TPP

04 Nov 08:33 PM
Agribusiness

TPP text released: What does it reveal?

05 Nov 08:33 AM
New Zealand|politics

Little won't say if Labour supports TPP

06 Nov 10:18 PM
World

Obama slammed over failure to thwart Isis

17 Nov 04:00 PM

Mr Key will have several opportunities to speak to Mr Obama but said he would be amazed if he wanted to discuss New Zealand's invitation to send a US vessel to mark the Navy's 75th birthday next year. The issue was working its way through the US system. At some point the Navy would have to make a recommendation to the President.

Riot police advance to block a group of protesters as they attempt to march towards the venue for this week's APEC. Photo / AP
Riot police advance to block a group of protesters as they attempt to march towards the venue for this week's APEC. Photo / AP

Q&A

What is the Apec summit?

An annual leaders' meeting of 21 economies to talk mainly trade and economics but also security and other pressing issues of the day.

What are the pressing issues this year?

The just-concluded TPP deal; Isis, terrorism, the migration crisis and its effects on the economy; the slowdown of China and Japan; and the climate-change conference.

What's not on the agenda?

Advertisement
Advertise with NZME.

The territorial disputes among China and several southeast Asian countries. This year's host, the Philippines, has promised to keep it off the agenda.

Who are the ones to watch?

The presidents of the United States and China, Barack Obama and Xi Jinping. Russian President Vladimir Putin sends his apologies this year citing too many domestic issues, including the downing of a Russian aircraft in the Middle East that killed 224. It will be Malcolm Turnbull's first Apec since replacing Tony Abbott and Justin Trudeau's first Apec since ousting Stephen Harper at the Canadian election. It will be New Zealand Prime Minister John Key's 8th Apec.

Save

    Share this article

Latest from Economy

Business|economy

Meat and dairy continue to drive food price inflation, Stats NZ data shows

16 Jun 11:28 PM
Economy

Why Kiwi businesses are cautiously optimistic about the future

16 Jun 11:01 PM
Premium
Property

South Island's largest supermarket to open early and under $50m

16 Jun 05:00 PM

Jono and Ben brew up a tea-fuelled adventure in Sri Lanka

sponsored
Advertisement
Advertise with NZME.

Latest from Economy

Meat and dairy continue to drive food price inflation, Stats NZ data shows

Meat and dairy continue to drive food price inflation, Stats NZ data shows

16 Jun 11:28 PM

Food prices continue to rise but the rent increases are now the lowest in a decade.

Why Kiwi businesses are cautiously optimistic about the future

Why Kiwi businesses are cautiously optimistic about the future

16 Jun 11:01 PM
Premium
South Island's largest supermarket to open early and under $50m

South Island's largest supermarket to open early and under $50m

16 Jun 05:00 PM
Premium
Reserve Bank blocks media from talk by OCR committee member Prasanna Gai

Reserve Bank blocks media from talk by OCR committee member Prasanna Gai

15 Jun 08:32 PM
Help for those helping hardest-hit
sponsored

Help for those helping hardest-hit

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP