RCEP sends an important signal of New Zealand's openness to trade and indicates our ability to progress other trade agreements. These expected benefits show why trade has been a central part of the Government's plan to recover from COVID-19. It is not just about more and better trade links but also about helping our exporters make the most of the opportunities in overseas markets. I'm honoured to be part of a Government that in turbulent times is leading the way to ensuring that New Zealand is a responsible, proactive, and engaged global citizen. It is also a Government, however, that does not pursue trade cooperation simply for its own sake. RCEP provides for future cooperation across a number of trade and economic areas. It preserves New Zealand's right to regulate for legitimate public policy purposes, and it upholds the Treaty of Waitangi. It will create new opportunities for international trade and other economic benefits, which will contribute to improving the wellbeing and living standards for all New Zealanders. 