Latest / The SME Stream / Todd McClay: Trade Minister on the India Free Trade Agreement and NZ First pulling support

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Todd McClay: Trade Minister on the India Free Trade Agreement and NZ First pulling support · The SME Stream

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  Speaker 1: So where does this india FTA going out that the
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  Speaker 1: New Zealand First is moaning about it new claim as
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  Speaker 1: they pulled the support before it even got settled. Winston
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  Speaker 1: Peters is on the old anti immigration wagon.
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  Speaker 2: I've heard that mister mclay's appearance at the selectivity and
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  Speaker 2: then he had to concede that there were those people
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  Speaker 2: who had the right to bring their spousers in their children.
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  Speaker 2: There comes one person modified the spouse and the toilam.
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  Speaker 2: You go to twenty twenty five thousand, just like that,
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  Speaker 2: and you're meant to be in a free trade deal negotiation.
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  Speaker 2: You know, you've got an immigration deal negotiation and we're
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  Speaker 2: not happy with it.
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  Speaker 1: Todd mcclay's with us morning.
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  Speaker 3: Hey, my good morning overall.
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  Speaker 1: Are you disappointed this is gone where it's gone? No,
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  Speaker 1: not really.
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  Speaker 3: I mean I don't think there's anybody that you know,
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  Speaker 3: will be surprised that New Zealand First has challenges with
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  Speaker 3: free trade agreements. They did act the agree to disagree
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  Speaker 3: clause which is in the Coalition agreement. It's been used
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  Speaker 3: by both the smaller parties and the Coalition over the
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  Speaker 3: last two years and it's there so that if you
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  Speaker 3: know one of the parties has an issue with something.
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  Speaker 3: It doesn't stabilize the coalition government. My job is to
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  Speaker 3: get on and get the deal signed and then get
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  Speaker 3: out and explain in it to New Zealanders the significant,
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  Speaker 3: significant trade benefits are going to deliver not only billions
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  Speaker 3: of dollars worth of exports, but a lot more jobs
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  Speaker 3: for kipis.
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  Speaker 1: Difference with the agree to disagree is previously when it's
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  Speaker 1: been enacted, that was the beginning, the middle and the
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  Speaker 1: end of it. It seems to be a dispute. He's
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  Speaker 1: saying one thing, you're saying another over what's actually in it.
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  Speaker 3: How do you settle that the Well, look, I mean
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  Speaker 3: trade deals are complicated and complex, and what's important is
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  Speaker 3: you know the detail. We're putting out much more information
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  Speaker 3: day by day. Winston's right. I went before the Select
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  Speaker 3: Committee yesterday, which is the first opportunity formally publicly to
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  Speaker 3: be able to put our record what's going on. I
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  Speaker 3: actually also answer questions in Parliament yesterday where I was
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  Speaker 3: very clear on what the benefits were. What we haven't
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  Speaker 3: haven't done around not migration. There are no rights for
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  Speaker 3: migration in this no rights at all. It's merely you know,
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  Speaker 3: one thy six hundred and seventy skilled workers we need
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  Speaker 3: in the economy decided by New Zealand to the New
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  Speaker 3: Zealand can come in for three years only and leave.
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  Speaker 3: I did that in Parliament. And the thing about standing
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  Speaker 3: from parliament and saying that if I'm wrong I have
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  Speaker 3: to go back and apologize, I get in trouble. So
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  Speaker 3: I am setting the record straight. But we'll make the
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  Speaker 3: case to kiwis this is very very straightforward. Where five
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  Speaker 3: million people they are one point four billion people. We
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  Speaker 3: do very well.
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  Speaker 1: Out of this deal, one ndred. I don't think anyone's
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  Speaker 1: against the trade. By the way, the EU India thing,
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  Speaker 1: have you seen anything in that that they've got that
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  Speaker 1: we haven't got? In other words, does our still stack
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  Speaker 1: up reasonably well?
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  Speaker 2: So?
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  Speaker 3: So they've sort of they haven't released their texts because
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  Speaker 3: they're going through this legal scrubbing the verification as we
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  Speaker 3: are as well. They've said that'll take about six months.
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  Speaker 3: Our hours will be much sooner. But for the information
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  Speaker 3: I'm getting, we're seeing our stacks up very well. In fact,
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  Speaker 3: I think ours could be a better deal. We have
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  Speaker 3: got some dairy in there, and we've got some other
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  Speaker 3: things that they haven't. There are two or three areas
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  Speaker 3: though they've beaten us. One they get to sell cars.
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  Speaker 3: We don't make those two. They've got a better deal
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  Speaker 3: ell and wine and a bettle deer on services. But
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  Speaker 3: in our agreement, I've got in the MFN, which means
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  Speaker 3: Most Favored Nations clause if they give if India gives
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  Speaker 3: better conditions for wine or services to somebody else, they
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  Speaker 3: must give it to us as well, on the condition
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  Speaker 3: that our agreement is enforced before there is. So we've
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  Speaker 3: got a bit of a race here. If the Labor
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  Speaker 3: Party are going through a process of working out what
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  Speaker 3: they want to do, I've made the officials available to
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  Speaker 3: them and they're working closely. But ultimately, if they support
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  Speaker 3: free trade and a deal with India, they're going to
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  Speaker 3: have to tell the public very soon what.
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  Speaker 2: They're going to do. Well.
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  Speaker 1: Joe well hold On Guiny was on the program on Wednesday.
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  Speaker 1: She said that there's a letter coming you away with
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  Speaker 1: their conditions. Have you got them?
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  Speaker 2: Yeah?
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  Speaker 3: No, there was no letter in and we heard yesterday
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  Speaker 3: the letters not coming because in fact the issues that
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  Speaker 3: they had to be worked through by officials and they're happier.
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  Speaker 3: I mean, we're being very constructive over the last two years.
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  Speaker 3: This is the third trade deal I've done in a
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  Speaker 3: two year period. The others weren't rushed. This wasn't rush,
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  Speaker 3: did the deal when it was ready to be done,
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  Speaker 3: and we're following the same process. And I've been very
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  Speaker 3: by part of and open because trade is good for
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  Speaker 3: New Zealand and all parties in Parliament should embrace it.
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  Speaker 3: But but what I'm saying is Labor's going to have
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  Speaker 3: to sort of decide what they want to do quite
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  Speaker 3: quickly so everybody can plan because they and we have
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  Speaker 3: voted for every single trade deal as long as I
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  Speaker 3: can remember. If we can get our deal in force
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  Speaker 3: before the EU won, it'll be worth billions of dollars
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  Speaker 3: more to us because the EU have got a slightly
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  Speaker 3: bit of deal that we have to get based upon
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  Speaker 3: an MFN clause. And so I'm talking to Damian O'Connor.
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  Speaker 3: I have briefed Chris Hipkins. It's fair they go through
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  Speaker 3: a process, but they should not drag it out unless
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  Speaker 3: they want the country to think they're not supportive of
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  Speaker 3: trade deal with India.
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  Speaker 1: Have a good weekend. Tom mcclake, Trade Minister.
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  Speaker 3: For more from the Mic Asking Breakfast. Listen live to
• 4:49
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