1 00:00:00,200 --> 00:00:02,440 Speaker 1: The Prime Minister's just announced he's off to India. He's 2 00:00:02,520 --> 00:00:05,120 Speaker 1: going on Saturday and he's going to meet Prime Minister 3 00:00:05,280 --> 00:00:09,600 Speaker 1: no Endra Modi. He's taking the largest delegation our Prime 4 00:00:09,640 --> 00:00:12,800 Speaker 1: minister has ever traveled with. This is the first visit 5 00:00:12,840 --> 00:00:14,920 Speaker 1: since John Key went there in twenty sixteen. I think 6 00:00:14,920 --> 00:00:16,599 Speaker 1: this is the third visit that we've had a crack 7 00:00:16,640 --> 00:00:20,040 Speaker 1: at this. So Barrat Tala is the chair of the 8 00:00:20,079 --> 00:00:22,600 Speaker 1: India New Zealand Business Council. He joins me, Now, hell 9 00:00:22,640 --> 00:00:23,119 Speaker 1: about it? 10 00:00:24,000 --> 00:00:25,600 Speaker 2: Hey, Hell, are you very good? 11 00:00:25,640 --> 00:00:27,240 Speaker 1: Why is this trip so significant? 12 00:00:28,160 --> 00:00:31,280 Speaker 2: I think if you want something done with India, this 13 00:00:31,440 --> 00:00:35,040 Speaker 2: would be a strong foundation taking ahead any discussion, any 14 00:00:35,040 --> 00:00:36,880 Speaker 2: negotiation with India. 15 00:00:37,040 --> 00:00:39,519 Speaker 1: Okay, So look, only one point five percent of New 16 00:00:39,600 --> 00:00:42,519 Speaker 1: Zealand exports go to India. India's on track to be 17 00:00:42,560 --> 00:00:45,000 Speaker 1: the third largest economy in the world by twenty thirteen. 18 00:00:45,320 --> 00:00:47,920 Speaker 1: Why have we been neglecting this market for so long? 19 00:00:48,960 --> 00:00:51,280 Speaker 2: I think this question has to be asked from a 20 00:00:51,360 --> 00:00:56,360 Speaker 2: lot of ministry and political diplomats. It has not neglected, 21 00:00:56,400 --> 00:00:58,880 Speaker 2: it's just the timing was not there. I feel that 22 00:00:59,680 --> 00:01:03,720 Speaker 2: the government with a lot less after twenty sixteen, and 23 00:01:03,800 --> 00:01:06,640 Speaker 2: that has made us into a kind of a back seat. 24 00:01:07,080 --> 00:01:10,039 Speaker 2: But last twelve months with the current government and the 25 00:01:10,120 --> 00:01:13,440 Speaker 2: minister is going left right center, which is kind of 26 00:01:13,680 --> 00:01:17,440 Speaker 2: bringing the things on track. So we can say that 27 00:01:17,480 --> 00:01:20,200 Speaker 2: we are late, but we are not too late. Okay. 28 00:01:20,280 --> 00:01:22,880 Speaker 1: So what do we have to do in this trip 29 00:01:22,920 --> 00:01:25,160 Speaker 1: to make sure that our relationship is closer that we 30 00:01:25,200 --> 00:01:27,360 Speaker 1: can increase our terms of trade. 31 00:01:28,000 --> 00:01:29,840 Speaker 2: I think one thing which we can say or we 32 00:01:29,840 --> 00:01:32,600 Speaker 2: can kind of positive say that the meeting with Minister 33 00:01:33,240 --> 00:01:36,280 Speaker 2: Prime Minister Modey is kind of a big win, which 34 00:01:36,319 --> 00:01:39,920 Speaker 2: we were as a MCBC asking from last a few years. 35 00:01:39,920 --> 00:01:43,720 Speaker 2: Now getting to a with a bigger delegation show that 36 00:01:43,880 --> 00:01:47,720 Speaker 2: we are in a relationship mode. We are not only 37 00:01:47,760 --> 00:01:52,000 Speaker 2: in the transitional mode. So this trip kind of gives 38 00:01:52,000 --> 00:01:55,840 Speaker 2: a very good message to Indian government and the private 39 00:01:55,840 --> 00:01:58,200 Speaker 2: companies in India that museum is open for business and 40 00:01:58,280 --> 00:01:59,280 Speaker 2: we should be looked into. 41 00:02:00,000 --> 00:02:02,200 Speaker 1: What do you think India wants from us? I mean, 42 00:02:02,200 --> 00:02:04,240 Speaker 1: what do we make that they would want? 43 00:02:04,640 --> 00:02:07,000 Speaker 2: I think the biggest thing India is looking currently is 44 00:02:07,680 --> 00:02:10,800 Speaker 2: investment in India. At the same time bringing technology in 45 00:02:10,800 --> 00:02:15,400 Speaker 2: India and kind of bringing what they see that helped 46 00:02:15,480 --> 00:02:18,880 Speaker 2: to grow India. So currently in every negotiation and every 47 00:02:18,919 --> 00:02:22,200 Speaker 2: deal which India is doing, they've been always putting that 48 00:02:22,280 --> 00:02:25,200 Speaker 2: how India can grow together with you and that will 49 00:02:25,240 --> 00:02:27,760 Speaker 2: help us to grow or grow the other side of 50 00:02:27,760 --> 00:02:30,799 Speaker 2: the business too. So what we can do is we 51 00:02:30,960 --> 00:02:35,679 Speaker 2: take the investments. We talk about the technology transfers. There's 52 00:02:35,720 --> 00:02:38,440 Speaker 2: a lot, a lot needs and can give to India. 53 00:02:39,080 --> 00:02:43,239 Speaker 1: Is a nuclear free stance a problem because India has 54 00:02:43,320 --> 00:02:46,360 Speaker 1: ambitions for their place in the world militarily, they're already 55 00:02:46,360 --> 00:02:50,480 Speaker 1: a nuclear power. Is our stance, our nuclear energy and power? 56 00:02:50,680 --> 00:02:53,320 Speaker 1: Is there a problem when we talk to the Prime 57 00:02:53,320 --> 00:02:54,680 Speaker 1: Minister of India. 58 00:02:54,960 --> 00:02:57,880 Speaker 2: I think I don't see that is kind of an 59 00:02:57,919 --> 00:03:01,480 Speaker 2: issue with Newism only because see like every country had 60 00:03:01,520 --> 00:03:03,919 Speaker 2: their own chance and to be honest news and should 61 00:03:03,960 --> 00:03:07,280 Speaker 2: say be what we want to do. But in a 62 00:03:07,320 --> 00:03:11,000 Speaker 2: couple of things, India also don't want any anything which 63 00:03:11,040 --> 00:03:13,239 Speaker 2: is from a news in perspective that they want needs 64 00:03:13,240 --> 00:03:16,160 Speaker 2: them to support on everything. But again at the trade 65 00:03:16,280 --> 00:03:19,919 Speaker 2: is one area we talk about. I said, a nuclear 66 00:03:19,960 --> 00:03:23,040 Speaker 2: diplomacy is separate area to work in. There's always kind 67 00:03:23,040 --> 00:03:26,320 Speaker 2: of a common area to start it. And we are 68 00:03:26,320 --> 00:03:29,639 Speaker 2: not too in that discussion of a kind of nuclear diplomacy. 69 00:03:29,720 --> 00:03:30,799 Speaker 2: Yet I can say that. 70 00:03:31,440 --> 00:03:34,040 Speaker 1: Okay, so how confident are you of success? 71 00:03:34,080 --> 00:03:38,600 Speaker 2: Finally, I think I think from I we are. We 72 00:03:38,840 --> 00:03:43,440 Speaker 2: are a lot positive, a lot optimistic. Now a lot 73 00:03:43,480 --> 00:03:46,000 Speaker 2: have been done by a lot of companies from New 74 00:03:46,080 --> 00:03:49,240 Speaker 2: Zealand to India or in India in the last twenty 75 00:03:49,280 --> 00:03:51,400 Speaker 2: four months to make this happen. So this is a 76 00:03:51,440 --> 00:03:56,000 Speaker 2: perfect opportunity and a perfect I say that tailwind for 77 00:03:56,280 --> 00:03:58,160 Speaker 2: New Zealand to get something from India. 78 00:03:58,800 --> 00:04:00,720 Speaker 1: Absolutely about a child. I thank you so much for 79 00:04:00,760 --> 00:04:02,160 Speaker 1: your turn here as the chair of the India and 80 00:04:02,200 --> 00:04:06,000 Speaker 1: New Zealand Business Council. For more from Early Edition with 81 00:04:06,120 --> 00:04:06,880 Speaker 1: Ryan Bridge. 82 00:04:07,000 --> 00:04:10,440 Speaker 2: Listen live to News Talks it Be from five am weekdays, 83 00:04:10,680 --> 00:04:12,720 Speaker 2: or follow the podcast on iHeartRadio