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The 15-nation RCEP – if that’s a secret agreement, someone should tell MFAT and the PM


Point of Order

The secret – or so-called secret – is out.  New Zealand has signed the Regional Comprehensive Economic Partnership, then proclaimed the fact very publicly on the Beehive’s web-wide bulletin board.

The partnership encompasses Japan, China, South Korea, the 10 members of the Association of Southeast Asian Nations (ASEAN), Australia and New Zealand and creates “a free trade zone” which covers nearly a third of the world’s trade and economic output.

The word “free” is much more open to challenge than the claim about secrecy.

The piles of documents which set out the rules and regulations make nonsense of any notion this is a free trade zone for the signatories.  It’s an  easier trade zone for them, perhaps, but free? No.

The announcement of the public signing was one of just a few Beehive released in the past few days.  The others tell us –

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