Latest / Early Edition with Ryan Bridge / Robert Patman: Otago University International Relations Expert on APEC summit wrapping up, Luxon's invitation to China
Transcript
- 0:00Speaker 1: Luxon landing back in New Zealand any moment now. After
- 0:03Speaker 1: the APEX Summit wrapped up in Lima, Peru, New Zealand
- 0:06Speaker 1: secured trade deals with Costa Rica, Switzerland and Iceland during
- 0:09Speaker 1: the summit, removing tariff on wood and wool products. I'll
- 0:13Speaker 1: tell you more about that in a second, because it
- 0:14Speaker 1: is quite interesting. Luxon having his first meeting with SHE,
- 0:18Speaker 1: his first meeting with the Indonesia, Indonesians, the Vietnamese, Peru, Chile,
- 0:22Speaker 1: his first formal meeting with the new Japanese Prime minister,
- 0:25Speaker 1: and he said see later Biden Robert Patman's I Target
- 0:28Speaker 1: University's International relations expertience with us Live. Good morning, Good
- 0:31Speaker 1: morning Ryan, great to have you on the show.
- 0:34Speaker 2: Tell me thank you.
- 0:35Speaker 1: What did you make of that meeting with Luxon and She?
- 0:39Speaker 2: I thought the De Luxe She meeting went as well
- 0:44Speaker 2: as could be expected. As mister Luxon quite candidly said,
- 0:48Speaker 2: there are real points of convergence, but there's also points
- 0:50Speaker 2: of divergence. And amongst his diverging points were the fact
- 0:56Speaker 2: that we don't see eye to I on news China's
- 1:00Speaker 2: role in the South Pacific see area, and we also
- 1:04Speaker 2: don't really see itoy over the utility of ORCUS in
- 1:08Speaker 2: the Indo Pacific region. So but putting those points aside,
- 1:11Speaker 2: it was I think the meeting went very well and
- 1:15Speaker 2: they seem to agree to disagree without the whole thing
- 1:18Speaker 2: poisoning the atmosphere. And the fact that mister Luxelm got
- 1:21Speaker 2: invited into China within the next few months I think
- 1:26Speaker 2: is good because at the time, China remains our biggest
- 1:30Speaker 2: trade partner, Unlike the United States. China gave us a
- 1:33Speaker 2: free trade agreement, and it's important to consolidate that relationship
- 1:39Speaker 2: at a time when the new Trump administration seems poised
- 1:41Speaker 2: to impose blanket tariffs on its trading partners.
- 1:47Speaker 1: Now they have obviously, the Chinese have expressed concern about
- 1:50Speaker 1: ucust Pillar two. They're worried about what it could mean
- 1:53Speaker 1: for the region, and it's the US getting into Asia Pacific, etc.
- 1:58Speaker 1: And we are on the fence at the monk about
- 2:00Speaker 1: signing it. Right, we are saying, still reading the details,
- 2:02Speaker 1: still reading the teles, we'll figure it out as we go.
- 2:05Speaker 1: What if the US sweetened the deal and saying, hey,
- 2:07Speaker 1: we'll exempt you from trade terrorists if you sign.
- 2:11Speaker 2: Well, that's a possibility. But you know what, I don't
- 2:15Speaker 2: think that there was a signal that mister Luckson gave.
- 2:20Speaker 2: I think there's a border concern here. New Zealand, unlike
- 2:23Speaker 2: the United States, has a huge state in what's called
- 2:26Speaker 2: international rules based or the both insecurity terms and trade terms.
- 2:30Speaker 2: We've been very concerned by the undermining of the wto
- 2:34Speaker 2: the World Trade Organization by both the Trump administration between
- 2:37Speaker 2: twenty seventeen twenty twenty and also the Biden administration as well.
- 2:42Speaker 2: And mister Trump's protectionism doesn't sit well with our position.
- 2:47Speaker 2: So I think we'd be obviously open to negotiation exemption,
- 2:52Speaker 2: but I think we'd have a broader concern about mister
- 2:55Speaker 2: Trump's protection and having an effect on global trade, in
- 2:58Speaker 2: which of course we have a big stake. So in short, Ryan,
- 3:02Speaker 2: I think we'd be open to negotiating exemption, but not
- 3:05Speaker 2: at the expense of our position of protectionism in general.
- 3:09Speaker 1: If we did sign it, how what reaction could we
- 3:13Speaker 1: get from China? Because the Ausies have gone are there
- 3:15Speaker 1: for opinion for a pound, and they haven't had much
- 3:18Speaker 1: a way of a stern reaction in China.
- 3:20Speaker 2: But they're in a quality ofly different position to us.
- 3:23Speaker 2: They've always been closer to the US, and so China
- 3:27Speaker 2: look at them in that regard. And secondly, China's trade relationship.
- 3:32Speaker 2: They import a lot of minerals from Australia. They've also
- 3:36Speaker 2: had tenser relations with China. They sanctioned them, I think
- 3:39Speaker 2: in twenty twenty twenty one. So I would hesitate to
- 3:45Speaker 2: draw the parallel it China sees New Zealand is much
- 3:49Speaker 2: more of an independent player in the Asia Pacific. We've
- 3:52Speaker 2: got to make up our own mind. I'm a bit
- 3:55Speaker 2: of a skeptic in August myself, but I was struck
- 3:58Speaker 2: by the fact that mister Bucks said, on the one hand,
- 4:01Speaker 2: he thought it was generally a positive sy on the
- 4:03Speaker 2: other hand, he said it may not necessarily be the
- 4:07Speaker 2: right thing for New Zeom or implied that. And so yeah,
- 4:10Speaker 2: he's keep You're quite right. I think he's keeping his
- 4:12Speaker 2: powder dry, so to speak. I think the advent of
- 4:15Speaker 2: the Trump administration has really complicated New Zeue's decision making
- 4:20Speaker 2: around ORCUS. I mean, after all, many key wes will
- 4:24Speaker 2: be upset, whether they are left right or center, if
- 4:27Speaker 2: we got even closer to a country was effectively trying
- 4:31Speaker 2: to impose tariff on us or some of our.
- 4:34Speaker 1: Writtens exactly, which is why you would think. I mean,
- 4:37Speaker 1: if you were going, if you were going to put
- 4:39Speaker 1: pen to paper, you would want some What I would
- 4:41Speaker 1: want to assuage me, I would like some sweetener, thank
- 4:45Speaker 1: you very much, in the way of an exemption from tariffs.
- 4:47Speaker 1: But that's just me. Robert, Thank you very much to you.
- 4:50Speaker 1: Analysis is always great to have you on the show.
- 4:52Speaker 1: That is Professor Attaging Avis, the international relations expert Robert
- 4:55Speaker 1: Petman News Talks.
- 4:56Speaker 2: He'd be for more from early edition with Ryan brit
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