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Speaker 1: It's a big week for the country on the trade front.

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Speaker 1: Of course the East Asia Summit followed by APEC and

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Speaker 1: South Korea. Trump and geare your headline X. So what

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Speaker 1: if anything tangible comes out of any of this or

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Speaker 1: all of this? Todd maccloy's the Trade Minister who was

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Speaker 1: on his way today and as well as are we

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Speaker 1: getting an upgrade on O SCN Has that been sorted

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Speaker 1: or do we have to work through something for that

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Speaker 1: to happen?

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Speaker 2: So very close Trade Minister has met about a month

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Speaker 2: ago and agreed equivalent of language for the leaders and

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Speaker 2: then where to work through that allows an upgrade. Nothing

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Speaker 2: will happen quickly for New Zealand though. It's the ability

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Speaker 2: for to sort of see a bit more integration. We're

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Speaker 2: all simplifying so our businesses and getting out of those

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Speaker 2: countries a lot more easily. That's a really big push

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Speaker 2: for us.

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Speaker 1: Is that a material thing where dollars flow?

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Speaker 2: Yes, absolutely it will be. So if you think if

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Speaker 2: you're a New Zealand company and you want to go

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Speaker 2: and set up in an Asian country, you'll have different

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Speaker 2: rules in every single one, which is okay, but some

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Speaker 2: of them are quite prohibitive. So the idea that we

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Speaker 2: can have you know, a bit more freer movement of

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Speaker 2: those businesses, it's easier for them to set up, easier

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Speaker 2: for them. The trade will make it huge, huge difference.

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Speaker 2: I suppose the easiest way to look at it, Mike

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Speaker 2: is Hasia Pacific is a fast just growing region in

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Speaker 2: the world. We sit right there on their doorstep. They're

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Speaker 2: very open to us. So if we can get role simplified,

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Speaker 2: it'll be much easier for Kiwis to do better there?

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Speaker 1: Are they more open given what's happened with America and

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Speaker 1: they're the people who make the running shoes and they're

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Speaker 1: the ones being hit with forty percent.

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Speaker 2: Well, they've already for the last handfully has been quite

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Speaker 2: open to us. It's a very long agreement. You've seen

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Speaker 2: quite a few of their leaders either come down or

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Speaker 2: our prime minists has been up there. But yes, there

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Speaker 2: is a new sense of dynamism there. They want to

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Speaker 2: look more broadly than some of their large and more

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Speaker 2: traditional training partners in New Zealand along with Australia are

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Speaker 2: an easy pick for them.

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Speaker 1: What about the FTI and career as they're going to

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Speaker 1: be movement there?

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Speaker 2: Well, I've been having conversations with my colleague. They've just

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Speaker 2: had an election, so it's a new minister. We're talking

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Speaker 2: about that. It's we're at the stage we were talking

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Speaker 2: about levels of ambition. Both sides say, yes, it's time

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Speaker 2: to upgrade it. We want a really good upgrade. It's

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Speaker 2: a chance to modernize it because as it was some

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Speaker 2: time ago, I think it's fair to say, as a

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Speaker 2: result of their election and your ministers, that's going to

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Speaker 2: take a little bit longer. But I'm on my way today,

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Speaker 2: as he said, up to Corea. I'll be pushing that

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Speaker 2: along with conversations with both China and the Chinese minister

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Speaker 2: and the US minister about better rules for New Zealanders

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Speaker 2: and in the case of the US, more certainty as

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Speaker 2: to what might have what not happen with tariff right good.

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Speaker 1: Just last week the EU that seemed all bullish.

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Speaker 2: Is it, yeah, very very positive. Their commissioner came down here.

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Speaker 2: In fact, he was on the eraplane more than he

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Speaker 2: was in the country. Flew down here for US five

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Speaker 2: hundred companies, about two hundred from the EU came down.

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Speaker 2: Of course, this is to celebrate just over a year

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Speaker 2: of our free trade agreement. One point eight billion dollars

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Speaker 2: of extra exports for New Zealand goods exports up to

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Speaker 2: that market, and they're very keen to do more. He

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Speaker 2: and I have agreen will do agreed, we'll do another

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Speaker 2: summit up in Europe and it's just now about promoting

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Speaker 2: that agreement so that the trade can grow even more quickly.

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Speaker 1: Good go, well, appreciate it. Tom McLay, who's the Trade

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Speaker 1: minister hitting off this morning, too Career.

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