Approval of foreign purchases of New Zealand assets or other foreign investment can’t be linked to creating jobs.

A:

The government procurement chapter aims to prevent governments from using government purchasing power to foster local businesses and jobs. There is a built-in review after 3 years to extend these obligations to regional and local government. The SOE chapter requires SOEs to use only commercial considerations when buying and selling goods and services. New Zealand business is further disadvantaged by allowing foreign investors to challenge laws through ISDS.


Be the first to comment

Please check your e-mail for a link to activate your account.