Labour would renegotiate Korea trade deal – MSN

Labour would renegotiate Korea trade deal – MSN

A Labour government would renegotiate New Zealand’s trade deal with South Korea to permit a ban of foreign home buyers, party leader Jacinda Ardern says.

She announced on Sunday that if elected to government, Labour would bring a ban on non-residents buying existing houses before Christmas.

The policy prompted criticism from the National Party, which said it would breach trade deals with other countries, including South Korea, New Zealand’s sixth-largest export destination.

By MSN

http://www.msn.com/en-nz/news/financenews/labour-would-renegotiate-korea-trade-deal/ar-AArJ5eh?ocid=News