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Kate Acland: Beef + Lamb NZ Chair on the impact on the India FTA on the lamb industry · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: Labor finally giving the green light to the FTA. It'll
• 0:03
  Speaker 1: be signed next week. Exporters need to be aware, they say,
• 0:06
  Speaker 1: this is Damien O'Connor potential clawbacks if the government doesn't
• 0:10
  Speaker 1: promote enough investment into India, which is something we've been
• 0:12
  Speaker 1: talking about for a while. Kate Akland Beef and Lamb
• 0:14
  Speaker 1: joins us this morning. Kate get a welling, Ryan. This
• 0:18
  Speaker 1: is on the government, isn't it. It's not you. It's
• 0:20
  Speaker 1: not if business doesn't invest enough. It's if government doesn't
• 0:23
  Speaker 1: promote it enough.
• 0:25
  Speaker 2: Look, that's our understanding. So we can only take what
• 0:29
  Speaker 2: government is telling us that face value, and you're on
• 0:31
  Speaker 2: the surface of it. This is a really great thing
• 0:33
  Speaker 2: for New Zealand. So you know, as you say, it's
• 0:36
  Speaker 2: on the government.
• 0:38
  Speaker 1: What about the demand over there for beef and lamb?
• 0:41
  Speaker 1: What are we looking at? What are your numbers telling you?
• 0:45
  Speaker 2: Well, obviously it's not a beef market and the lamb
• 0:48
  Speaker 2: market is largely it largely doesn't exist at the moment
• 0:53
  Speaker 2: for New Zealand land because it's been unavailable or an
• 0:56
  Speaker 2: economic due to the thirty three percent towers there. But
• 0:59
  Speaker 2: we know that there is a huge amount of sheep
• 1:02
  Speaker 2: meat consumed in India. Know that it's it's the past.
• 1:05
  Speaker 2: China is the most populous country in the world and
• 1:08
  Speaker 2: it's it's projected to be the third largest economy within
• 1:11
  Speaker 2: five years. So well, the real growing middle class. We're
• 1:14
  Speaker 2: anticipating that demand will grow, but it's certainly not going
• 1:17
  Speaker 2: to be an overnight success story. This will be about
• 1:20
  Speaker 2: investing in the market and growing the market.
• 1:22
  Speaker 1: Of course, it's not a beef market. Who see, Hey,
• 1:28
  Speaker 1: it's early cly Kate, it's really Hey, in terms of
• 1:31
  Speaker 1: the investment, then how realistic do you think that number
• 1:35
  Speaker 1: is that they've put in there.
• 1:38
  Speaker 2: Look, we would have to spend a bit of time
• 1:40
  Speaker 2: understanding that. You know what we've been told of. It's
• 1:43
  Speaker 2: an aspirational target. We can only take that on face value.
• 1:47
  Speaker 1: Kate, that con chairperson Beef and Land New zeal And
• 1:49
  Speaker 1: Good TV on the show this morning, Kate for.
• 1:51
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• 1:54
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• 1:58
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