Both risks and benefits for New Zealand if US rejoins CPTPP trade agreement, says trade expert

Trade expert Stephen Jacobi says there are both risks and benefits to US President Trump's change of tune on the CPTPP.

The US president's announcement on Twitter has sparked protests and outrage in Washington and beyond.
US President Donald Trump. Source: 1 NEWS

Mr Trump is considering re-joining the CPTPP trade deal alongside New Zealand and other Pacific nations.

One major risk is that the United States tries to re-negotiate the text.

After the US withdrew from negotiations last year, American demands over Intellectual Property and Investor State Dispute Settlements were removed or watered down, Mr Jacobi said.

"The earlier TPP, with the US included, did not proceed because the US congress did not think it was a good enough deal for the US," he says.

Labour is pleased with revised CPTPP, but National says little has changed. Source: 1 NEWS

"Subsequently, of course, President Trump withdrew. The deal has now been altered in ways that the US congress will approve of even less. That seems to me quite a significant obstacle," he said

"To put [the Intellectual Property and Investor State Dispute clauses] back in is like trying to put the genie back in the bottle. In particular, NZ would find it quite difficult to change tack and re-insert all those elements," he said.

TPP critic Professor Jane Kelsey wants assurances from the government that it would veto any moves to re-include those controversial clauses.

The message comes as the impact statement is set to be released on Wednesday. Source: 1 NEWS

She says it won't be enough to treat the move as hypothetical as Parliamentary submissions on the deal close next week.

"The government needs to tell New Zealanders if it would veto the reactivation of the suspended items, such as those that would gut Pharmac's bargaining power with the pharmaceutical industry, and whether would it even consider discussing additional concessions to the US beyond the original TPPA," she said.

But there were possible benefits, said Mr Jacobi.

For instance, the 11 countries already in the deal now had potentially greater bargaining power with the US, he said.

"The US would have to pay more in the negotiations as well, and NZ would certainly want more agricultural market access to the US."

Mr Jacobi said countries should not let discussions with the United States slow the deal's implementation. CPTPP requires at least six of the 11 countries to ratify the text before it enters into force.

"It would be a disaster for everyone if that slows down," he said.



'My god she can run' - woman at centre of hilarious Kawakawa dog escape video says Lily is enjoying her 15 minutes of fame

A Bay of Islands woman told TVNZ1's Seven Sharp she is "never going to live this down" after footage of her rescue dog Lily dragging a bakery's flag down the main street of Kawakawa went viral around the globe.

CCTV footage of the freedom-seeking furball's runner — accompanied by Yakety Sax, the song made famous by the Benny Hill Show — has been viewed more than 500,000 times since it was posted to Facebook last night.

Lucie Green, a volunteer with Bay of Islands Animal Rescue, was taking the basset hound for a walk last week when she decided to stop at a local business to buy Lily a treat.

But the Basset Hound received a fright and bolted despite being tied to a large Coca-Cola flag forcing Lucie to give chase.

"For an animal with just little legs, my god she can run," Lucie told Seven Sharp.

Lily, Lucie and the rogue flag brought Kawakawa's State Highway 1 strip to a standstill, the whole escapade captured on CCTV.

"My partner owns a local CCTV company I got to the office and I told him what had happened.

"He didn't tell me he'd done it, but he edited footage and put the music on and uploaded it to Facebook and tagged me in it.

"I knew it was trouble when basically by the time we'd gone to bed last night it had hit 100,000 views," Lucie said.

Thousands of people have since commented on the video, with many of them admiring the dog’s spirit.

"I'm laughing my guts out it's so funny," wrote Facebook user Annie Hicks.

Lucie does see the funny side of events however.

"They say every dog has their day, so I guess Lily is enjoying her 15 mins of fame." 

Lily made a run for it when owner Lucie Green stopped at a shop in the Northland town. Source: Seven Sharp

TODAY'S
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Tracking down New Plymouth youth MP candidates after Andrew Little's 'hip' appeal

Labour MP Andrew Little released a tongue in cheek video encouraging young people from New Plymouth to get involved in politics today.

The video inspired TVNZ1's Seven Sharp to travel to Mr Little's old school to find the perfect candidate for its new youth MP.

Judge for yourself if New Plymouth Boys' High students Thomas Foy and Jarrod Wilson have what it takes in the video above.

Tamati Rimene-Sproat is on the case after the Labour MP's piece of political theatre. Source: Seven Sharp

TODAY'S
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Watch: Take a tour inside Kate Sheppard’s former house where suffragists worked to get women the right to vote

Suffragist Kate Sheppard's old house in Christchurch goes up for auction next month - so Seven Sharp host Hilary Barry took a tour.

Ms Sheppard was instrumental in gaining New Zealand women the right to vote in 1893. She carried out important work for the suffrage movement in the house during the late 19th Century.

Today saw celebrations around the country marking 125 years since women gained the right to vote in New Zealand.

Jacinda Ardern has indicated the Government is interested in buying the house for the nation. It's expected to fetch in excess of $3 million when it goes under the hammer on October 17.

Hilary Barry met with the home's current owner Julia Burbury who showed her around the dwelling set on one acre of gardens.

The house has a category one heritage listing.

The piece of New Zealand history in Christchurch, worth more than $3 million, is up for auction. Source: Seven Sharp


Mum distraught as son turned away from Hutt Valley High School because he didn't have permanent address

Being homeless has become an obstacle for one mother wanting to give her child an education.

Helen Taitapanui and her son were turned away from Hutt Valley High School last week because they don't have a permanent residential address.

Ms Taitapanui, is currently battling cancer and lives in a motel with her teenage son while they wait for a permanent home.

"We've got to be glad that we've got that when we know that a lot of our families are out there living in cars," Ms Taitapanui told 1 NEWS.

However, this was a problem when she tried to enrol her son at a local school.

"The response was it's against their policy to register children living out of a motel. you had to have a residential address," Ms Taitapanui said.

She complained to the Ministry of Education and shortly after Hutt Valley High School reversed its decision.

Ms Taitapanui says her son's excited about going back to school.

"I know once he steps back into the realm of education he'll be well and truly away."

She hopes by speaking out, another unnecessary obstacle will be removed for the homeless.

Being homeless threw up an unexpected obstacle for a mum wanting to educate her child. Source: 1 NEWS