Early Edition with Kate Hawkesby
Ryan Bridge: The India FTA is up to businesses now
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:02:00
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Sinopsis
Judging by the coverage out of New Delhi overnight, the Indian press appears optimistic about the trade deal with New Zealand. As optimistic as our Government and industry, and as of last week, Labour, are about it here. Their trade department points out the thing excludes dairy, so that's safe, along with other sensitive markets. They like the fact we conceded 100% duty-free access in key manufacturing and labour-intensive industries - the Mint news site name checks textiles, leather, footwear, engineering goods, plastics, and processed foods. Here, our primary industries are celebrating their wins. And that's the point that I think was somewhat lost in the last few months; both sides win from trade deals. You make some concessions but you get some gains. Like any deal. It's not all one-way traffic. India is set to overtake Germany as the world's third largest economy. It's a behemoth. To not jump onboard would have meant missing the boat. Most Kiwi