TPP signed off by select committee
A
Parliamentary committee has narrowly signed off on the controversial
Trans Pacific Partnership (TPP) trade deal, after considering
hundreds of submissions.
New
Zealand parliament. Photo: RNZ /
Alexander Robertson
6
May, 2016
The
opposition MPs on the committee opposed the agreement and have issued
minority views in the report.
The
Foreign Affairs, Defence and Trade Committee was given just five days
to report on the deal, after the timeframe
was drastically cut from four weeks.
More
than 300 public submissions were considered by the committee, which
held hearings in major cities throughout the country.
The
TPP has been widely criticised, for protecting
big corporations and freezing out the rights of workers and impacting
health and medicine costs.
The
committee said the TPP, which was signed by 12 nations in February,
is expected to benefit the New Zealand economy by $2.7 billion by
2030.
The
government will introduce legislation to Parliament to enact the
trade deal.
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