1 00:00:00,280 --> 00:00:03,119 Speaker 1: Z B Political editor Jason Walls. Because our Trade Minister, 2 00:00:03,160 --> 00:00:05,720 Speaker 1: Todd McClay, I asked you before the break, he's visiting 3 00:00:05,760 --> 00:00:08,119 Speaker 1: India this week. How many times do you think he 4 00:00:08,160 --> 00:00:12,520 Speaker 1: has met face to face with the Indian Commerce minister 5 00:00:12,600 --> 00:00:15,120 Speaker 1: in the last nine months. I know you'd probably say 6 00:00:15,120 --> 00:00:19,480 Speaker 1: once or twice, maybe five times. Apparently, yes, and he's 7 00:00:19,520 --> 00:00:22,520 Speaker 1: going to do it again. They're talking forestry, agriculture and 8 00:00:22,600 --> 00:00:25,560 Speaker 1: of course trade between our two countries. Luxon wants an 9 00:00:25,640 --> 00:00:29,520 Speaker 1: FTA with India within the next will within this term. Basically. 10 00:00:29,880 --> 00:00:33,440 Speaker 1: Jason Wallves is with US Live this morning. Jason, good morning, Good. 11 00:00:33,240 --> 00:00:33,800 Speaker 2: Morning, Ryan. 12 00:00:34,280 --> 00:00:36,960 Speaker 1: Hey, this seems like an awful lot of meetings. Is 13 00:00:37,040 --> 00:00:39,960 Speaker 1: this part of the drive to get this FTA? Do 14 00:00:39,960 --> 00:00:40,360 Speaker 1: you Reckon? 15 00:00:41,120 --> 00:00:44,000 Speaker 2: Oh? Absolutely? I mean Chris Luxon has made absolutely no 16 00:00:44,159 --> 00:00:47,400 Speaker 2: secret of his desire to get a free trade agreement 17 00:00:47,560 --> 00:00:50,400 Speaker 2: with India. But it's not something that New Zealand is 18 00:00:50,560 --> 00:00:52,880 Speaker 2: just deciding to do now. They've been trying to push 19 00:00:52,960 --> 00:00:55,080 Speaker 2: for this for a long time. In fact, I remember 20 00:00:55,080 --> 00:00:58,240 Speaker 2: when I was a CUB reporter interviewing Todd McLay last 21 00:00:58,280 --> 00:01:01,040 Speaker 2: time he was Trade minister in the last National government 22 00:01:01,080 --> 00:01:04,560 Speaker 2: about his desire to get a free traded agreement with India, 23 00:01:04,560 --> 00:01:06,520 Speaker 2: and he said that he was really pushing to do so, 24 00:01:06,959 --> 00:01:10,240 Speaker 2: and then I've interviewed various different trade ministers from labor 25 00:01:10,360 --> 00:01:11,760 Speaker 2: to try and do it. It's all well and good 26 00:01:11,760 --> 00:01:14,840 Speaker 2: to say it, but getting a free traded deement agreement 27 00:01:14,840 --> 00:01:17,960 Speaker 2: with India is tough because of the dairy component as well, 28 00:01:18,000 --> 00:01:19,920 Speaker 2: and a lot of other countries will struggled with that. 29 00:01:20,080 --> 00:01:23,479 Speaker 2: So although Todd McLay has met with his count five 30 00:01:23,560 --> 00:01:26,640 Speaker 2: times this year, I think that he's still going to 31 00:01:26,680 --> 00:01:29,640 Speaker 2: face quite a few obstacles actually getting a deal over 32 00:01:29,680 --> 00:01:30,080 Speaker 2: the line. 33 00:01:30,319 --> 00:01:33,400 Speaker 1: And there's a difference between a deal like excess and 34 00:01:33,640 --> 00:01:37,200 Speaker 1: fear access. Right do they have has lucks and sit 35 00:01:37,240 --> 00:01:39,320 Speaker 1: bottom lines on this? Because the Aussies have got about 36 00:01:39,319 --> 00:01:44,080 Speaker 1: eighty five percent of exports terror free. Have we have 37 00:01:44,160 --> 00:01:47,240 Speaker 1: we quantified the quality of the deal that we're wanting. 38 00:01:48,080 --> 00:01:51,800 Speaker 2: Well, I don't think Luxeon's got into those sorts of details, yes, 39 00:01:51,840 --> 00:01:53,520 Speaker 2: and I think he's really just wanting to get his 40 00:01:53,600 --> 00:01:57,320 Speaker 2: foot in the door before actually getting in and quantifying 41 00:01:57,360 --> 00:02:00,480 Speaker 2: some of those more finer details. But just any sort 42 00:02:00,520 --> 00:02:04,080 Speaker 2: of better access into that market will be extremely helpful 43 00:02:04,120 --> 00:02:05,640 Speaker 2: for new Zealand. I mean, they don't need to tell 44 00:02:05,680 --> 00:02:09,000 Speaker 2: you the size of the Indian market, which is exactly 45 00:02:09,040 --> 00:02:12,200 Speaker 2: why Chris lucksm has put so much emphasis on that. 46 00:02:12,320 --> 00:02:14,600 Speaker 2: I mean that was the Indian president, that was just 47 00:02:14,600 --> 00:02:17,520 Speaker 2: in New Zealand last week in the Prime Minister was saying, 48 00:02:17,520 --> 00:02:20,720 Speaker 2: that's just another example of how our two countries have 49 00:02:20,760 --> 00:02:24,760 Speaker 2: this growing and burdening and growing relationships. So he'll be 50 00:02:24,800 --> 00:02:27,600 Speaker 2: hoping that this meeting with Todd Clay and Todd McLay 51 00:02:27,880 --> 00:02:30,520 Speaker 2: coming this week will be bearing fruit so that we 52 00:02:30,520 --> 00:02:33,519 Speaker 2: can go forward and actually get something on the dotted line. 53 00:02:33,600 --> 00:02:37,160 Speaker 1: Yeah. Absolutely, Hey, very quickly the ICR announcement this week. 54 00:02:37,200 --> 00:02:41,160 Speaker 1: Obviously everybody is waiting with baited breath, but no one 55 00:02:41,200 --> 00:02:43,440 Speaker 1: more perhaps than the government because I mean they can't 56 00:02:43,480 --> 00:02:45,679 Speaker 1: tell them they want the cuts, but boy, it would 57 00:02:45,720 --> 00:02:47,400 Speaker 1: help them if it happened, right. 58 00:02:47,960 --> 00:02:50,920 Speaker 2: Oh absolutely. I mean they can cut as many taxes 59 00:02:50,960 --> 00:02:54,160 Speaker 2: as they can, they can cut taxes until they're blue 60 00:02:54,160 --> 00:02:55,440 Speaker 2: in the face, but at the end of the day, 61 00:02:55,440 --> 00:02:58,320 Speaker 2: if mortgage rates aren't coming down, it's a problem for 62 00:02:58,360 --> 00:03:01,080 Speaker 2: them because people won't be getting the impact of that 63 00:03:01,200 --> 00:03:03,960 Speaker 2: tax relief because it'll be swallowed up by interest rates, 64 00:03:03,960 --> 00:03:07,040 Speaker 2: so they'll be absolutely wanting to see that rate come down. 65 00:03:07,040 --> 00:03:09,600 Speaker 2: And Nikola Willis has made no secret of the fact 66 00:03:09,600 --> 00:03:12,960 Speaker 2: that she wants to see the ocr fall. However, as 67 00:03:12,960 --> 00:03:16,400 Speaker 2: you say, she can't explicitly say that no matter that. 68 00:03:16,600 --> 00:03:19,880 Speaker 2: I think that Adrian Orr will be feeling an enormous 69 00:03:19,919 --> 00:03:23,480 Speaker 2: amount of pressure from the ninth floor, the eighth floor 70 00:03:23,480 --> 00:03:25,960 Speaker 2: of the beehive to start cutting those rates, but as 71 00:03:26,040 --> 00:03:28,560 Speaker 2: you say, he's completely independent, so he can do what 72 00:03:28,639 --> 00:03:29,240 Speaker 2: he wants. 73 00:03:29,720 --> 00:03:33,360 Speaker 1: Thanks Jason, Jason Wall's News Talk zed B political editor. 74 00:03:34,120 --> 00:03:37,040 Speaker 1: For more from News Talk ZEDB, listen live on air 75 00:03:37,240 --> 00:03:39,920 Speaker 1: or online, and keep our shows with you wherever you 76 00:03:40,000 --> 00:03:42,400 Speaker 1: go with our podcast on iHeartRadio.