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The Future of Asia 2018

New Zealand sees TPP 11 as antidote for 'turbulent times'

Trade minister says pact should take effect in 2018 and calls for adding members

David Parker, New Zealand's trade and export growth minister, speaks in an interview on June 11. He said the U.S. is welcome to return to the TPP on acceptable terms for existing members. (Photo by Keiichiro Sato)

TOKYO -- New Zealand sees the successor deal to the Trans-Pacific Partnership entering into force this year, as it nears ratification in the country's parliament, Trade and Export Growth Minister David Parker said on Monday.

New Zealand expects to ratify the revised pact, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, following a final parliamentary debate and "very minor changes" in legislation.

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