NZ meat and wool exporters react to Indian free trade agreement

0:00So it was a bit of a marathon signing ceremony in New Delhi overnight. Here is the Trade Minister Tobbe claim. I wish to thank our Indian partners for their collaboration and their commitment. A personal thanks on behalf of Prime Minister Luxin to Prime Minister Modi for his determination, his vision and his friendship. Today signing marks a new chapter in New Zealand-India relations when grounded in mutual respect, shared interests and a clear ambition to work more closely together in the years to come. Back home watching on Richard Dawkins' Fed Farmers National Meet and Vulture joins us. Richard, good morning. Good morning, Ron. Good news for you guys. Oh, look, yeah, it is. It's fantastic news for farmers, growers and all of New Zealand. What do you think when you hear Shane Jones going after the steel on such a sort of aggressive way? Oh, yeah, look, I mean, I would acknowledge New Zealand first have concerns

1:02but look from a sheet farmers perspective and a farm forest is perspective and a grape grower. I mean, it's just fantastic news. And like I said, I mean, every Kiwi will benefit from this. So overall, a fantastic deal. And what do you think in terms of, I mean, you've got to go out there and work for the market. It's not like we sign it and everything's hunky-dory, right? You've got to go out and get in there. What are the plans? How does that look? How long does that take given our experience with previous FTAs? Yeah, well, that's right. And look, a good case study is the 2008 agreement with China. It was a slow build over time and as part of this current agreement, there is a, you know, they're looking for collaboration and investment in their market. And as you say, I mean, that will grow over time. While it may take a few years, I mean, this is the exact thing we have to do. If we want to spend and invest as a country and we want to double our exports, this is exactly how you do it. So it's a fantastic step in the right direction.

2:05Hey, what's the story with this Chanel deal and in New Zealand wool? Yes, so they've partnered with the grower down south. And I mean, it's just another example of the benefits of wool. It has faced immense challenges in recent years, mostly competition from synthetics and plastics. The fine wool industry, which is what that deal is for, has been doing better long term. But it's just another example, fantastic to see, you know, brand recognising those great New Zealand attributes. Fantastic, which is good to see this morning. Richard Dawkins fed farmers national meat and wool chair.