David Martin MEP

Labour Member of the European Parliament and one of the six MEPs representing Scotland in Brussels and Strasbourg

  • Home /
  • Activity /
  • Latest News / As negotiations begin for Australia and New Zealand trade agreement, David Martin MEP highlights value of EU trade

As negotiations begin for Australia and New Zealand trade agreement, David Martin MEP highlights value of EU trade

In the European Parliament this week, David Martin, Scottish MEP and spokesperson for trade for the Socialist and Democratic Group in the Parliament welcomed the opening of negotiations for a free trade agreement between the European Union, Australia and New Zealand.

“This aims be a 'high-quality' trade deal designed to open new markets and create new jobs, while strengthening the values shared by the three partners,” commented Mr Martin.

"The Asia-Pacific region, where 90% of world growth is estimated to happen over the next decade, is vital for us. With their European heritage, their relative proximity to the Asian market and their membership of the TPP (Trans-Pacific Partnership), Australia and New Zealand can be very important partners for us.

"Given Australia's experience, particularly with investment, I think they should prove very sympathetic to tackling the flaws in the existing investor-state dispute system and that gives us an opportunity to have a high-quality investment chapter in this agreement."

“These trade negotiations, and agreements with Singapore and Canada demonstrate that these Commonwealth countries value the benefits that come with trading with the European Union."

The Labour Party will place cookies on your computer to help us make this website better.

Please read this to review the updates about which cookies we use and what information we collect on our site.

To find out more about these cookies, see our privacy notice. Use of this site confirms your acceptance of these cookies.