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Ryan Bridge: The India FTA is up to businesses now · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: Judging by the coverage out of New Delhi overnight, the
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  Speaker 1: Indian press are as optimistic about the trade deal with
• 0:05
  Speaker 1: New Zealand as optimistic as our government. Industry and as
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  Speaker 1: of last week, labor are about it. Here their Trade
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  Speaker 1: department has pointed out that the thing excludes dairy, so
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  Speaker 1: that's safe for them, along with other sensitive markets that
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  Speaker 1: they're interested in. They like the fact that we have
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  Speaker 1: conceded one hundred percent duty free access in key manufacturing
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  Speaker 1: labor intensive industries. The Mint news site names checks, textiles, leather,
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  Speaker 1: foot where, engineering goods, plastics, process, food, a whole bunch
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  Speaker 1: of stuff. Here. Our primary industries are celebrating their wins too,
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  Speaker 1: and that's the point that I think has been somewhat
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  Speaker 1: lost in the last few months. Both sides win from
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  Speaker 1: trade deals. You make some concessions, sure, but you get
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  Speaker 1: some gains. Like any deal, it's not all one way traffic.
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  Speaker 1: India is set to overtake Germany as the third world's
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  Speaker 1: third largest economy. It's an absolute behemoth. It's massive. To
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  Speaker 1: not jump on board would have meant missing the boat.
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  Speaker 1: Most Kibis can see the benefits from the deal that
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  Speaker 1: Goff and Clark to their credit did and signed with China.
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  Speaker 1: Trump may be trying to sully the reputation of free trade,
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  Speaker 1: but it hasn't dampened our spirits because we can see
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  Speaker 1: the benefits. There's an argument to be made against NAFTA
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  Speaker 1: affecting the rost belt workers in the US, and you
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  Speaker 1: see that showing up at the polls. But in this
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  Speaker 1: country the benefits have largely outweighed the costs. And there
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  Speaker 1: will be costs, like with any deal, but the net
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  Speaker 1: benefit is what we should be focused on to realize
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  Speaker 1: those benefits. The rains are now firmly in the hands
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  Speaker 1: of business to do what it does best. Our exporterers,
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  Speaker 1: our deal makers, our market specialists are already on the blower,
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  Speaker 1: on the plane or in country trying to get a
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  Speaker 1: slice of the action, and good luck to them. For
• 1:50
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• 1:54
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• 1:57
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