Key confident in TPPA deal

  • 10/11/2014

By Sarah Robson

Prime Minister John Key is quietly confident a deal can be done on the Trans-Pacific Partnership.

Leaders from the 12 countries involved in the sluggish trade talks will be meeting today in Beijing - where they're attending the APEC summit - in a bid to make further progress and tie up a deal.

Mr Key doesn't think the talks will collapse, despite the stalemate between the United States and Japan over tariffs on sensitive agricultural products.

"It's not so much a matter of now or never, it's a matter of now or a long way into the future," he told reporters.

"It's a complicated deal, there's no point in dressing it up as anything else."

Mr Key said there would need to be a positive outcome from today's meeting if US President Barack Obama wants to wrap up a deal by the end of his term.

"I think there's about a six-month window where, if TPP is going to progress under President Obama, then we need to see that occurring in the next few months."

Mr Key said the challenge was always a trade-off between time and making sure there was a good quality deal.

"The prize is pretty big for New Zealand, so we've just got to keep pushing."

NZN

source: newshub archive