Trade Minister Groser has been forced to admit in Parliament that South Korea can ban New Zealanders buying Korean homes after refusing to acknowledge this previously, Labour’s Export Growth and Trade spokesperson David Parker says
“National has blundered badly in its Korean free trade agreement.
“It is incredible that Koreans can ban New Zealanders buying their houses, but we can’t do the same here.
“This is incompetence of the highest order. Tim Groser and National have been negligent in negotiating this free trade agreement.
“This has a flow-on effect to China and the TPPA.
“Not that the acting minister Todd McClay understands that. He denied that the China FTA protected our right to ban foreign buyers of New Zealand homes, and for China to ban NZ buyers – as it has since done in some of its cities.
“Ministers Groser and McLay ought to understand this. They probably do, but…
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