You are here
Revised Trans-Pacific trade pact text to be released on Wednesday: NZ PM
[WELLINGTON] New Zealand Prime Minister Jacinda Ardern said on Tuesday the final text of a revised Trans-Pacific trade pact would be released on Wednesday when her government publishes its own assessment of the deal.
"We now have confirmation that we'll...be able to release the text," Ms Ardern told reporters at Parliament. "...We should be in a position to do that tomorrow."
Eleven nations, led by Japan, announced in January that the new Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) would go ahead with some adjustments after the United States pulled out of an earlier version at the start of 2017.
More than 20 parts of the original pact had been suspended or changed, Ardern said.
The New Zealand leader had said the previous day that her government was frustrated that publication of the text had been delayed by translation issues.
The deal is set to be signed by all 11 nations at a ceremony in Chile in March with the possibility of more members joining at a later stage.
Despite initially opposing the deal, US President Donald Trump said in January that Washington might yet sign up.
Australia said on Monday it would be open to the idea of Britain joining the regional trade group after it left the European Union.