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Agreement on the broad outlines of the Trans-Pacific Partnership (TPP) is an important step towards a high-quality free-trade deal that will benefit New Zealand exporters, Deputy Prime Minister Bill English and Trade Minister Tim Groser say.

Leaders of the nine countries in the Trans-Pacific Partnership (TPP) today agreed on the broad outlines of the free trade agreement, at a meeting hosted by US President Barack Obama in Honolulu on the fringes of the APEC summit. Mr English represented New Zealand on behalf of Prime Minister John Key.

The Government is supporting exporters through two changes that widen the scope and accessibility of the New Zealand Export Credit Office's trade guarantees, Finance Minister Bill English and Trade Minister Tim Groser say.

"The Government is focused on lifting New Zealand's exports, so we can build a faster growing economy with higher incomes and more real jobs," Mr English says.