Advantages of entering CPTPP, Investment Sample Clauses

Advantages of entering CPTPP, Investment. Joining the CPTPP would benefit New Zealand investors, providing improved conditions when making investments and doing business in other CPTPP Parties for many sectors, including our agricultural, manufacturing and natural resource industries. Improved conditions for investment are also important for many New Zealand goods and services exporters, who increasingly look to undertake activities to support their international business (such as establishing an in-market presence, forming commercial partnerships and providing after-sales service). New Zealand’s outward foreign direct investment (ODI) in CPTPP countries represents about 56 percent of total investment abroad, and CPTPP will reduce barriers to investment and facilitate the navigation of complex regulatory systems. If New Zealand was not part of CPTPP, the investment among CPTPP members would benefit from a consistent framework but New Zealand investors would operate under different rules. CPTPP would be the first time New Zealand has entered into FTA investment commitments with Canada, Japan, Mexico and Peru, and would also improve on the partial investment commitments New Zealand has with several other CPTPP Parties through existing FTAs. Foreign Direct Investment (FDI) from CPTPP countries already amounts to 64 percent of all FDI into New Zealand, and is an important source of capital to keep building New Zealand’s competitive and productive economy. Membership in the CPTPP would also send a signal to investors in CPTPP Parties about the investment environment into New Zealand by generating increased confidence and knowledge in New Zealand’s stable and transparent investment regime, which would be expected to encourage inward investment flows into New Zealand. Investment protections The specific advantages provided by the Investment chapter to New Zealand investors in other CPTPP countries and CPTPP country investors in New Zealand include:
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