Business / Economy

O'Connor admits little chance of US in CPTPP any time soon

06:44 am on 30 May 2022

Listen

The Trade Minister has acknowledged the United States is unlikely to return to the trans-Pacific trade pact in the near future, but says New Zealand won't give up on it.

Damien O'Connor is travelling with the Prime Minister on her whirlwind trip around the country to try drum up trade.

Jacinda Ardern will sit down with the US President Joe Biden this week - and says she will encourage him to rejoin the deal now known as the CPTPP.

But - speaking to RNZ's political editor Jane Patterson - O'Connor says the Government knows the chance of that happening is low.