Water royalty issue appears to divide coalition - News Summed Up

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Water royalty issue appears to divide coalition


Winston PetersForeign Minister Winston Peters and Trade Minister David Parker appear at odds over the legal position of the planned royalty on water exports. Asked if he thought it would be a breach, Peters said "No, I don't.'' Labour and NZ First's coalition agreement specifically includes a provision to "introduce a royalty on exports of bottled water.'' Foreign Affairs trade and economic group deputy secretary Vangelis Vitalis said yesterday such payments would breach existing trade agreement. Mr Vitalis made his comments while briefing the foreign affairs and defence select committee on the Comprehensive and Progressive Agreement for Trans Pacific Partnership, the revised TPP.


Source: Otago Daily Times November 30, 2017 19:07 UTC



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