1
00:00:00,040 --> 00:00:02,320
Speaker 1: And it's a bit easy to be negative these days.

2
00:00:02,800 --> 00:00:05,400
Speaker 1: Times are tough. Talk is cheap, and I know some

3
00:00:05,440 --> 00:00:07,080
Speaker 1: people think I'm a little bit negative, but I like

4
00:00:07,120 --> 00:00:10,280
Speaker 1: to manage expectations about stuff and realistically appraise things and

5
00:00:10,320 --> 00:00:13,800
Speaker 1: not get too carried away with rhetoric. But today, today

6
00:00:13,840 --> 00:00:15,400
Speaker 1: I'm going to praise the government and I'm going to

7
00:00:15,440 --> 00:00:19,000
Speaker 1: be positive. The surprise announcement that free trade talks between

8
00:00:19,040 --> 00:00:21,520
Speaker 1: New Zealand and India will start next month was to

9
00:00:21,600 --> 00:00:26,480
Speaker 1: me great news that I was not expecting. Like PPPs,

10
00:00:26,520 --> 00:00:28,520
Speaker 1: it won't be a game change a short term, but

11
00:00:28,560 --> 00:00:30,920
Speaker 1: it's certainly, like PPPs, a step in the right direction.

12
00:00:31,800 --> 00:00:33,800
Speaker 1: The welcome given to Christopher Luxen was quite a thing.

13
00:00:33,840 --> 00:00:35,839
Speaker 1: There were flags and billboards all over town that was

14
00:00:35,960 --> 00:00:38,680
Speaker 1: rowly welcome from folk dancers, they were happy to see us.

15
00:00:38,880 --> 00:00:41,239
Speaker 1: And then the news that we finally will negotiate. We've

16
00:00:41,280 --> 00:00:44,400
Speaker 1: recently battled them in cricket. India loves us and they

17
00:00:44,400 --> 00:00:47,000
Speaker 1: know we're already good friends. And look, the benefits for

18
00:00:47,040 --> 00:00:49,960
Speaker 1: both countries are going to be large. And for too long,

19
00:00:50,000 --> 00:00:52,280
Speaker 1: our need for dairy to be part of a comprehensive

20
00:00:52,320 --> 00:00:55,240
Speaker 1: deal has held talks back. But India is still a

21
00:00:55,240 --> 00:00:57,240
Speaker 1: way away from needing us in dairy. They have a

22
00:00:57,360 --> 00:01:00,680
Speaker 1: huge but poorly performing herd of cows. I mean they're

23
00:01:00,720 --> 00:01:04,560
Speaker 1: yield as atrocious, but they are still self sufficient. And

24
00:01:04,720 --> 00:01:07,560
Speaker 1: I was reading yesterday the estimates of local production are

25
00:01:07,600 --> 00:01:10,759
Speaker 1: falling short for the Indian market in about twenty five

26
00:01:10,840 --> 00:01:13,880
Speaker 1: years time, certainly not tomorrow. They don't need dairy now,

27
00:01:13,959 --> 00:01:16,440
Speaker 1: they will need dairy in the future. And I remind

28
00:01:16,440 --> 00:01:19,680
Speaker 1: you about the Chinese Free trade deal which we sign

29
00:01:19,760 --> 00:01:23,920
Speaker 1: but finally got dairy included twenty years after our first agreement.

30
00:01:24,120 --> 00:01:26,720
Speaker 1: So this free trade thing is a long conversation. When

31
00:01:26,720 --> 00:01:28,280
Speaker 1: they need us, they need us, and there's a lot

32
00:01:28,319 --> 00:01:32,080
Speaker 1: more to India than just dairy. Space space is a

33
00:01:32,120 --> 00:01:34,520
Speaker 1: no brainer. India's already aiming for the moon, They've already

34
00:01:34,600 --> 00:01:38,880
Speaker 1: been there. We have space, we have great tech. It

35
00:01:38,959 --> 00:01:41,880
Speaker 1: is another sector that we can benefit from India's expertise

36
00:01:42,120 --> 00:01:45,600
Speaker 1: to help our productivity. Our it is atrocious. And with

37
00:01:45,680 --> 00:01:48,640
Speaker 1: all eyes on Chinese expansion in the Indo Pacific region,

38
00:01:48,800 --> 00:01:51,440
Speaker 1: there are many reasons for a closer relationship. That's why

39
00:01:51,520 --> 00:01:54,480
Speaker 1: Christpher Luxen is talking right now at a defense seminar

40
00:01:54,640 --> 00:01:58,400
Speaker 1: in India, and if tensions were China increase, our manufacturers

41
00:01:58,560 --> 00:02:01,760
Speaker 1: will need India's cheap labor, and on China, we need

42
00:02:01,800 --> 00:02:04,240
Speaker 1: to have India on our side, the same way we

43
00:02:04,280 --> 00:02:07,680
Speaker 1: walk the tight rope with America on Pacific security, and

44
00:02:07,720 --> 00:02:10,280
Speaker 1: we still have a relationship with China. So why will

45
00:02:10,800 --> 00:02:15,040
Speaker 1: While we will always consider dairy as a cornerstone to

46
00:02:15,080 --> 00:02:18,680
Speaker 1: our competitiveness in global trade, we have often spoken of

47
00:02:18,720 --> 00:02:21,840
Speaker 1: the need to have some diversification in our export markets

48
00:02:22,080 --> 00:02:25,280
Speaker 1: and this deal offers us a chance to grow and

49
00:02:25,320 --> 00:02:28,280
Speaker 1: become broader base and with a bit of luck. In fact,

50
00:02:28,320 --> 00:02:30,320
Speaker 1: I'm sure of it. Deare we will join the ride

51
00:02:30,520 --> 00:02:33,920
Speaker 1: as years go by. For more from Early edition with

52
00:02:34,040 --> 00:02:37,040
Speaker 1: Ryan Bridge, listen live to News Talks it Be from

53
00:02:37,120 --> 00:02:40,639
Speaker 1: five am weekdays, or follow the podcast on iHeartRadio.