New Zealand, led by feminist progressive darling Jacinda Ardern, approves TPP
New Zealand's parliament passed legislation Wednesday to ratify the reworked Trans-Pacific Partnership, a $10 trillion free trade pact among 11 nations.
It will complete the process as early as the end of October, pending approval from the governor general, representative of Queen Elizabeth II, New Zealand's head of state. The move is a step forward for the so-called TPP-11 to take effect in January 2019.
The TPP-11 will come into force 60 days after at least six legislatures of member states ratify the agreement. Mexico, Japan, Singapore completed the procedures, followed by the approval of Australia's Senate last week. Vietnam is expected to ratify the TPP-11 in the upcoming session that ends in November. Canada is also on track to complete the ratification process, resulting in approval by the minimum six countries by the middle of next month.
The agreement covers 15% of global trade. Member countries, which also include Chile, Malaysia, Brunei and Peru, resurrected the deal in March after President Donald Trump abruptly withdrew the U.S. from the agreement in 2017.
She is part of the fucking LABOUR Party. FFS. Why don't liberals like her just fracture from the party and form a Liberal Party?
Oliver Green
I cant wait to see her smile like that while New Zealand is swallowed by the ocean due to climate change partially as a result of endless globalized trade supply chains :)
Aaron Stewart
The bittersweet truth is that New Zealand is very mountainous and will actually be relatively well-off during climate change.
Eli Anderson
Not the coastal regions
Henry Perez
Was that her decision or Congress'/Senate's/Parliament's/whatever?
Nathaniel Torres
Precisely! Workers' rights should also be guaranteed
Camden Morgan
Sorry, I know the first line say it was Parliament's but I meant: did she have a say in it at all? And what was it?
James Hernandez
the labour party is basically the liberal party at this point. They bought neo-liberalism to NZ in the 90s
Colton Davis
Eh it’s kind of mixed social Dems with neoliberals with the odd Marxist sometimes.
Hudson White
National government or coalition government, we were always going to get this.
Kiwi here. NZ is crazy fucking Neoliberal. Labor in NZ is like a socially liberal version of the Liberal party in Australia. For example the liberal party in Australia when they want to adopt policies, it's almost always copy/pasted from NZ and then Australia goes into meltdown because most Australians see right through the Neolib right wing nature of the economic policies.
Australians are more actually reactionary than Kiwis, but they're way to the left economically, where Kiwis are more socially liberal, but far more economically right wing.
Levi Evans
Isn't the worst part of TPP taken out since USA pulled out? Tbh they doing it so the rest of the TPP's countries don't become China's bitch
Andrew Hill
look at that smile. Could chomp a newborns head off in one swipe.
David Campbell
the US never pulled out of the TPP. the deal is a way to counter China's economic dominance in the pacific, yes, but in it's full attack participant countries are gonna experience the shit you see on ancap picardia memes.
Gabriel Brown
*in its full effect
Julian Gray
But the TPP-11 is carried out without USA and its shitty inputs though. Still pretty fucked with free trade stuff but not as bad.