tag:blogger.com,1999:blog-3753486518085091399.post3204261747329662616..comments2024-03-29T00:44:42.046+13:00Comments on Bowalley Road: Too Little, Too Late: The Opportunity To Stop the CPTPP Has Passed.Chris Trotterhttp://www.blogger.com/profile/09081613281183460899noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-3753486518085091399.post-29135448953022123912018-02-24T14:20:31.236+13:002018-02-24T14:20:31.236+13:00As the Labour party was formed with the core princ...As the Labour party was formed with the core principle of "the socialisation of the means of production, distribution, and exchange", the commitment of the CPTPP couldn’t be starker. The agreement, will now prevent through treaty any law or regulation that restricts foreign corporations with <i>"(10.2)(a) the production, distribution, marketing, sale or delivery of a service"</i>.<br /><br />Any New Zealand based company should seriously consider the benefits of leaving these shores.<br /><br />A company which prefers to now register its headquarters in Singapore (which can be done online but requires employing a Singaporean secretary and having one director based on the Island - with Visa available no less) will be accorded the same preferences and market access that it has from being a New Zealand firm. Your new Singaporean company will pay less than 9% for the first S$300,000 you made in annual profits, followed by a flat rate of 17% flat thereafter and everything done in New Zealand from that moment on will be classed as international trade.<br /><br />Indian firms with Singapore headquarters will be entitled to bid for whole-of-government service provision - as has been occurring in Australia. Temporary Entry Visas will be made available for foreign workers under their classification of "business persons" which is defined as someone "who is engaged in trade in goods, the supply of services or the conduct of investment activities". The minimum wage in Vietnam is $1,300 USD a year which is itself a major incentive to not employ kiwis who have high living standards and wages compared to foreign counterparts. Vietnam too may be considered generous considering Brunei has no minimum wage and corporations may secure a visa for employees for $15 USD. <br /><br />A shrewd corporation might suggest supplying medical services with Nurses from the Philippines, relocated to Brunei and flown in and out of New Zealand on Temporary work visas as their salary expectations are only $5,000 New Zealand Dollars a year. Perhaps supplying education services with teachers from the Philippines but based in Brunei could be appealing - they too can be supplied for $6,000 a year. The prospects for business and the growth of trade are quite stunning but all at the expense of the living standards of New Zealanders.<br /><br />Through the agreement, <i>"(10.6) No (nation) shall require a service supplier of another (nation) to establish or maintain a representative office or any form of enterprise, or to be resident, in its territory as a condition for the cross-border supply of a service."</i> <br /><br />The Investor Disputes process is still in place and any foreign corporation feeling aggrieved by the New Zealand governments actions will be entitled to choose the forum in which it would prefer its dispute to be heard. That forum panel will be chaired by a foreign national (by requirement) and will arbitrate over the alleged treaty infringement and rule with a prescription to "eliminate the non-conformity or the nullification or impairment". <br /> <br />This current crop of politicians deserves to be spat on for this level of betrayal. This is as bad as anything that came flowing from Douglas years.Lozhttps://www.blogger.com/profile/12064567381918975446noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-12461752490530908022018-02-23T20:11:52.763+13:002018-02-23T20:11:52.763+13:00Labour are a bunch of absolute hypocrites.Labour are a bunch of absolute hypocrites.Jaysonhttps://www.blogger.com/profile/01115615271339572406noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-56937657842216411212018-02-23T07:03:46.498+13:002018-02-23T07:03:46.498+13:00God help us all, if this is a Labour we are truly ...God help us all, if this is a Labour we are truly fucked.<br />"When a nation's young men are conservative, its funeral bell is<br /> already rung."<br /> - Henry Ward Beecher<br />Guerilla Surgeonhttps://www.blogger.com/profile/03427876447124021423noreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-91406325636333844512018-02-22T16:13:24.656+13:002018-02-22T16:13:24.656+13:00When All the effort and focus of opposition to a f...When All the effort and focus of opposition to a far reaching government action has gone into electing representatives that have been leading that opposition narrative, only to have those leaders volte face immediately they get into a position to reverse it leaves the voter without a course of action. <br /> The trouble is out representatives do not seek office to represent us at all. They represent their own fascination with the idea of being in government, and do what the moneyed people want them to do when they get there, which makes their lives easier.<br />D J SDavid Stonenoreply@blogger.comtag:blogger.com,1999:blog-3753486518085091399.post-35186923057189658622018-02-22T10:41:32.589+13:002018-02-22T10:41:32.589+13:00Words of resignation and reality Chris.Words of resignation and reality Chris.greywarblernoreply@blogger.com