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Speaker 1: Right now, though a few things to run past. Winston

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Speaker 1: pieces with multiple hats on. New documents out today revealing

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Speaker 1: the Coalition has set aside reportedly side three hundred million

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Speaker 1: dollars to cover the broken infrastructure contract with Yondai for

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Speaker 1: the fairies. Plus add to that, the US has halted

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Speaker 1: military aid to Ukraine. This is because Trump is trying

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Speaker 1: to put the squeeze on Zelenski. Winston Peters is the

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Speaker 1: Minister of Rail also Foreign Affairs minister. Good evening, Good evening,

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Speaker 1: Great to have you on the program. Now. The three

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Speaker 1: hundred million dollar so called break fee that has been

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Speaker 1: spoken about today is a lot of money. Will we

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Speaker 1: have to spend three hundred million dollars to break the

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Speaker 1: old contract?

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Speaker 2: We've already spent about forty six million. All that in

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Speaker 2: that context, But let me say to you that we

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Speaker 2: began in May of twenty one hours a Minister of

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Speaker 2: the Rail seeking for four hundred point one million two fairies,

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Speaker 2: and there was going to be some infrastructure costs, but

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Speaker 2: it would look like way less than one billion. He

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Speaker 2: came back twenty three out of the previous labor government's

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Speaker 2: calculations and their deals to face over four billion dollars.

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Speaker 2: That's the reality here. And so when we talk about

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Speaker 2: this random minium, it is not for the i REX itself,

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Speaker 2: it is including the i REX also infrastructure which has

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Speaker 2: to be adheaded to.

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Speaker 1: So shond I won't get three hundred million dollars in

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Speaker 1: a cancelation fee for the old fiorries. That's that's false.

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Speaker 2: Now there's a cancelation the equation. But having talked to them,

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Speaker 2: we know that these two things are totally separated. The

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Speaker 2: past decision to stop what was a infery option where

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Speaker 2: of every dollar you spend on the fory you're spending

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Speaker 2: three dollars somewhere else. There was a massive blowout. No,

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Speaker 2: I get that, and that's the real point here. The

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Speaker 2: opposition doesn' seem to get it, and you get it,

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Speaker 2: but a lot of media don't get it. I'm emphasize

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Speaker 2: it one more time.

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Speaker 1: Understand that, But how much does it cost? How much

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Speaker 1: could it cost to cancel for the cancelation fee because

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Speaker 1: we have not onored our end of the bargain with

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Speaker 1: the old contract, right, so what is the potential cost

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Speaker 1: of that.

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Speaker 2: Well, the potential cost of saying we cannot afford this

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Speaker 2: blowout in costs for both the fury and the attended

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Speaker 2: infrastructure that went with the ferries that they ordered. That

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Speaker 2: cost is way less than three hundred million.

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Speaker 1: Ah okay, is that did you say forty six million

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Speaker 1: dollars earlier? Is that more like it?

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Speaker 2: No? No, the forty six million we would have spent

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Speaker 2: on another matters associated with that three hundred million cost

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Speaker 2: of decision which we saw to avoid going to a

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Speaker 2: contract picked up from the layer of the government, not

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Speaker 2: what they were structured to do at the beginning, but

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Speaker 2: where they went from four hundred point one million theories

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Speaker 2: to what in the end was two and the total

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Speaker 2: cost all up was a four billion plus according to Treasury.

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Speaker 2: And every dollar you was spending on new pierries, you

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Speaker 2: have three dollars somewhere else. So you go from way

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Speaker 2: less than one billion to four billions. That's the economics

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Speaker 2: this country when when hear it from the Labor government

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Speaker 2: in portfolio after portfolio, and that's what the neasypant the

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Speaker 2: taxpayers because it's their money need to know.

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Speaker 1: Minister, what do you make of Trump pulling the military

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Speaker 1: funding for Ukraine? Jesus playing hardball, isn't he?

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Speaker 2: Look it's truly to say and I'm not making any

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Speaker 2: comments because I've to see the dust settle and see

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Speaker 2: what it all means.

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Speaker 1: Do you think we're closer to a piece deal since

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Speaker 1: Trump's come in or further away?

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Speaker 2: Well, my answer that is we are closer to a

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Speaker 2: peace deal. The question is what will be shapen form.

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Speaker 1: Do you think we can get a lasting one?

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Speaker 2: Well, you know, we live in a very difficult world,

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Speaker 2: probably the most difficult since anybody, nor most people, not anybody,

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Speaker 2: but anybody that was born after the Second Rewar has

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Speaker 2: never seen a time quite like this one.

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Speaker 1: Have you spoken to your Ukrainian counterpart?

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Speaker 2: Yes, I spoken doing Ukrainian counterpart. I've spoken to my

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Speaker 2: counterpart in Poland and surrounding countries Germany, France and the UK.

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Speaker 2: Have been speaking to the USA counterpart very shortly. I've

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Speaker 2: spoken to my counterpart in China getting into national fearful things,

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Speaker 2: and of course I spoken to my counterpart and then

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Speaker 2: Ambasta also in Finland.

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Speaker 1: What are you going to say to Marca Rubio?

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Speaker 2: Now you're far too smart, mister Beach for me. You're

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Speaker 2: asking me to before I even talk to this very

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Speaker 2: important person. I tell your listeners, no, they don't understand

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Speaker 2: that that's a lack of diplomacy. It's impolite and it's

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Speaker 2: rude in the extreme, and we do not want to

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Speaker 2: be acting like that.

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Speaker 1: Fair Enough, I had to ask. I thought you might

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Speaker 1: be you.

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Speaker 2: Know, you know what? You know what the secret of

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Speaker 2: diplomacy is, don't you?

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Speaker 1: Well, certainly not what Trump's doing in the White House

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Speaker 1: right now. I wouldn't have thought.

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Speaker 2: I was going to share something you. The secret of

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Speaker 2: diplomacy is telling someone to go to help in such

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Speaker 2: a way that the House will directions.

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Speaker 1: Fine, the Foreign Minister Wiston Peters, thank you very much

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Speaker 1: for your time, appreciated the Savenings. For more from Hither

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Speaker 1: Duplessy Alan Drive, listen live to news talks it'd be

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