The full details of the revised Trans-Pacific Partnership trade agreement have been released and New Zealand's trade department says the economy will grow by as much as $4 billion thanks to the deal. The Government on Wednesday made public the controversial 11-country free trade deal's text, along with an analysis of its predicted effects on the Kiwi economy. "The reasons for New Zealand becoming a party to the CPTPP are both economic and strategic," MFAT said. The original deal was met with heavy protest and MFAT was on Wednesday keen to point out the "significant differences" between the two deals - particularly in areas of controversy. The original deal was a major policy goal for the previous National government, and was put on ice before undergoing new talks when United States president Donald Trump withdrew his country.
Source: Otago Daily Times February 21, 2018 00:33 UTC