Labour gives conditional support for TPP

By Pattrick Smellie July 23 (BusinessDesk) - The Labour Party is giving conditional support for the controversial Trans-Pacific Partnership, with party leader Andrew Little saying Labour is "pro-free trade" but will only support TPP if it contains "key protections" for New Zealanders. “Labour supports free trade," he said. "However, we will not support a TPP agreement that undermines New Zealand’s sovereignty." The Labour caucus had agreed five 'bottom line' principles: the government's drug-buying agency Pharmac "must be protected"; c...