Exporters want pro-trade NZ Government

  • 04/09/2017
The manifesto, released on Monday, outlines potential gains from the removal of trade barriers.
The manifesto, released on Monday, outlines potential gains from the removal of trade barriers. Photo credit: Getty

Kiwi businesses that export goods and services have released a wishlist for a future Government, with a free-trade friendly agenda at the top of the list.

The election manifesto from lobby group ExportNZ calls for an incoming New Zealand Government to support "free trade generally", noting opportunities are set to arise for free trade agreements with the European Union, the United Kingdom and the Pacific Alliance.

The manifesto, released on Monday, outlines potential gains from the removal of trade barriers.

It points to OECD estimates arguing New Zealand's real GDP would increase by $18 billion over the long run if G20 tariffs and non-tariff barriers were halved.

Such a move would also create more than 42,000 skilled jobs and 20,000 low-skilled jobs, it says.

"The single biggest policy issue is whether there is support for TPP-11 and other key potential trade deals," ExportNZ director Catherine Beard said.

"These have the best practical ability to grow jobs and incomes."

Exporters wanted to see the next Government keeping the pressure off the New Zealand dollar by balancing the budget, and keeping interest rates low through a focused target on inflation.

They also supported policies to increase the population of New Zealand and called on the Government to use local businesses when buying goods.

Government is responsible for about 40 percent of GDP and is one of the largest project spenders in the New Zealand economy.

"The Government should help grow bigger companies by ensuring the economic benefits of using local suppliers are factored into their procurement purchasing policy," Ms Beard said.

"Government procurement shouldn't be used to protect local companies from international competition, but to give them the opportunity to become bigger and more internationally competitive."

NZN

Share to Facebook Share to Twitter Share to Email
Share to Facebook Share to Twitter Share to Viber Share to WhatsApp Share to Email