24 January 2017

News Story: New Zealand PM open to China involvement in TPP alternative

WELLINGTON, Jan. 23 (Xinhua) -- New Zealand is working on a "Plan B" to the 12-nation Trans-Pacific Partnership (TPP) trade deal and China's involvement is possible, Prime Minister Bill English said Monday.

United States President Donald Trump's decision to withdraw from the still-unratified TPP would not necessarily stop the other 11 nations working on a modified version of the deal, English told Radio New Zealand.

New Zealand passed legislation late last year allowing the government to ratify the agreement, which was signed in Auckland in February last year.

English said the Trump administration's "America first" trade policy was "not in our interests and we would argue it's not in America's interests in the long run either, but they've made a pretty clear policy decision."

Read the full story at Xinhua