NZ International Business Forum welcomes Japan to TPP

by | Jul 23, 2013 | Media Releases


The New Zealand International Business Forum (NZIBF) today congratulated the Japanese Government on Japan’s formal association with the Trans Pacific Partnership (TPP) negotiations underway in Kota Kinabalu, Malaysia.

“Japan is a major economic partner for New Zealand and this important relationship can only be further strengthened by the improved rules for trade and investment that TPP will bring,” said NZIBF Executive Director, Stephen Jacobi.


Japan was admitted to the negotiation in April but Japanese negotiators were only able formally to take up their seat at the negotiating table once domestic consultation procedures in the TPP economies were complete.


“Japan’s entry into TPP further enhances TPP’s potential as a pathway to wider trade liberalization in the Asia Pacific region. Until recently Japan was the only economy in North Asia with which New Zealand neither had an FTA nor a negotiation underway. Now New Zealand is negotiating with Japan in both TPP and the Regional Comprehensive Economic Partnership (RCEP). That is good news for New Zealand exporters and importers and for New Zealand business as a whole.”


Japan is New Zealand’s fourth largest trading partner, with two-way trade worth NZ$6.1 billion in 2011.


Research undertaken by the East-West Center, in Honolulu, states that the TPP could add around $2.1 billion to the New Zealand economy by 2025. Those gains are increased to around $5.1 billion once Japan is added into the mix, driven largely by exports jumping 6.8% above baseline.


Mr Jacobi said NZIBF had already undertaken significant discussion with counterparts in Japan.


“Discussions with Japanese business organizations in Tokyo two weeks ago underlined a strong alignment of interest in TPP. We plan to build on this discussion in coming months. There is also a sense that the economic relationship with Japan while significant has lacked momentum in recent years. TPP is a chance to change that equation and we look forward to this negotiation with Japan.”


Note: A copy of the East-West Center study is available at


Register to stay up to date with latest news, as well as saving and discussing articles you’re interested in.




Latest News

NZIBF 2022 Chair Report

ANNUAL GENERAL MEETING 2022 CHAIR’S REPORT I am pleased to present my second report on the activities and achievements of the NZ International Business Forum (NZIBF) for 2022-23, our fifteenth year of operations.  At the outset I would like to thank Members for...


New Zealand business will be represented at the APEC Leaders’ Week in Bangkok, commencing 13 November, by members of the APEC Business Advisory Council (ABAC). New Zealand’s three members – Rachel Taulelei, Malcolm Johns and Anna Curzon – supported by Stephen Jacobi...

Submission to MFAT for CPTPP Review

30 September 2022 Phil Mellor Economic Division, Ministry of Foreign Affairs and Trade, Wellington (By email) Dear Phil, Thank you for your email of 1 September, seeking our comments on the three year review of the Comprehensive and Progressive Agreement for Trans...


The now widespread use of the term “Indo Pacific” to describe the region to which New Zealand belongs brings a risk of geographical confusion. When did the “Asia Pacific” become the Indo Pacific?   For thirty years or more New Zealand has sought to enhance...

NZ Herald: Turbulence in global trade

Amidst the political topsy turvy of recent weeks came the news that the Government has refreshed its Trade Recovery Strategy.  That’s good news because, for exporters and the global economy as a whole, it’s tough out there. The pandemic is by no means over, there...

Address to World Affairs Forum, 22 August 2022

ADDRESS TO THE WORLD AFFAIRS FORUM AUCKLAND, 22 AUGUST 2022 STEPHEN JACOBI EXECUTIVE DIRECTOR NZ INTERNATIONAL BUSINESS FORUM TURBULENCE IN GLOBAL TRADE Thanks to Greg Thwaite for inviting me to speak to you this evening. It’s good to be back in the habit of meeting...

Trade and Climate Change: State of Play

TRADE AND CLIMATE CHANGE: STATE OF PLAY. A discussion paper prepared for the NZIBF by Adrian Macey, June 2022. Download here. Update: NZ-EU FTA The NZ-EU FTA has been finalised.  Article X.6 of the  trade and sustainable development chapter is on trade and...