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Speaker 1: Some good news on the trade front. New Zealand and

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Speaker 1: India are starting the first round of negotiations towards a

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Speaker 1: free trade agreement this week. Trade Minister Tom mcclay's with

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Speaker 1: me now, Hey.

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Speaker 2: Todd, Hey Heather, he hope will you I'm very well.

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Speaker 3: Thank you.

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Speaker 1: Who have we sent to India?

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Speaker 2: So our chief trade negotiator has gone out there plus

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Speaker 2: a team with them as a good number of them.

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Speaker 2: So this is the first formal in person negotiations that

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Speaker 2: we're having. But there's been a lot of engagement online

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Speaker 2: and zooms and so on since the Prime Minister and

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Speaker 2: I announced that we were launching negotiations or what is

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Speaker 2: just about a month ago?

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Speaker 1: And how long do you expect this to take? How

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Speaker 1: long are the in person negotiations slated for?

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Speaker 3: So they will run through this week, So it'll take

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Speaker 3: a week.

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Speaker 2: There are many, many meetings, and so why we take

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Speaker 2: a good sized team out because we have experts in

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Speaker 2: many areas that they focus on from goods to services

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Speaker 2: to intellectual property and so on. They'll work through that.

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Speaker 2: This will be the first of what will be a

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Speaker 2: number of in person and negotiations. I would inspect the

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Speaker 2: next one probably will be down in New Zealand, but

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Speaker 2: we decided to go up there. India's got quite a

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Speaker 2: few negotiations going on, so for scheduling, rather than waiting,

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Speaker 2: we thought I'd send my people up there so we

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Speaker 2: can get on with it.

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Speaker 1: Are they distracted by trying to strike a deal with

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Speaker 1: the US?

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Speaker 3: They're not.

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Speaker 2: I discussed this with my counterpart, Pis Goel, who's the

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Speaker 2: quote their trade minister.

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Speaker 3: We talked a lot about this before we launch.

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Speaker 2: They have the capacity to negotiate a number of deals

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Speaker 2: at the same time as we do. Actually, so you're

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Speaker 2: right there and get that. They negotiating with the US

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Speaker 2: at the moment, with the European Union, with the UK

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Speaker 2: and others. Some of those I understand are going on

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Speaker 2: over the next week or two. And that's why I

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Speaker 2: thought to send our people up rather than either dragging

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Speaker 2: them down here or missed the opportunity to have the

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Speaker 2: very first in person negotiations at the beginning of this month.

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Speaker 1: Todd I see. Donald Trump has announced on one of

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Speaker 1: his social media accounts that he plans to put one

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Speaker 1: hundred percent tariff on foreign movies, which, obviously, if he

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Speaker 1: was to do it would affect US because we make

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Speaker 1: movies here. Are we taking this seriously?

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Speaker 3: Yeah, we are very seriously.

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Speaker 2: Although as with lots of sort of announcements that come

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Speaker 2: via social media, we're gonna have to wait and try

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Speaker 2: and get a bit more information or see what comes out.

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Speaker 2: I mean, as an example, if it's whole movies that

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Speaker 2: are made overseas means one thing. But what if you

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Speaker 2: know just one segment or one part or some of

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Speaker 2: the technical stuff that's done overseas. So we don't know yet,

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Speaker 2: but I can say the Prime Minister was I was.

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Speaker 3: With them earlier. You know, the New Zealand film industry

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Speaker 3: is exceptional. They do a great job.

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Speaker 2: A lot of the US film and listry relies on

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Speaker 2: some of the things that we do here that you

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Speaker 2: can't do another part of the world. So quite a

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Speaker 2: long way to go before we have any clarity, just

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Speaker 2: asn't aside. I'll be meeting my counterpart, the United States

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Speaker 2: Trade Representative of Ambassador Greer, in the end of next

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Speaker 2: week at APEC meeting in Korea, and it'll be my

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Speaker 2: first chance in person to talk to them directly about

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Speaker 2: these things. I will be making the case for how

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Speaker 2: US movie is named. It may not be anywhere there

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Speaker 2: is enjoyable without some New Zealand content.

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Speaker 1: I like that. Hey, thanks very much, Todd Beast of

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Speaker 1: like Tod McLay, Trade Minister.

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