"put the squeeze" on Japan, Korea and others !!! ----- from the - TopicsExpress



          

"put the squeeze" on Japan, Korea and others !!! ----- from the article of Wikileaks. On multilateral issues, Sinclair emphasized that New Zealand sees the TPP as a platform for future trade integration in the Asia Pacific. If the eight initial members can reach the "gold standard" on the TPP, it will "put the squeeze" on Japan, Korea and others, which is when the "real payoff" will come in the long term. He also stated that another challenge in negotiating is that the current economic and commercial situation has put a great deal of pressure on domestic agendas. Negotiators must therefore be very cognizant of the impact on jobs, wages, and other such factors. When asked what New Zealand’s position is on including new members, Sinclair put forth that "smaller is better" for the current deal. However, he emphasized, that what is more important is U.S. Congressional approval and if "critical mass" can be achieved with the initial eight. New Zealand will take a "constructive view" if the group needs to "bulk up" and include Malaysia, for example. wikileaks.org/cable/2010/02/10WELLINGTON65.html
Posted on: Wed, 14 Aug 2013 16:40:52 +0000

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