Monday, 4 May 2026

"Ironically, New Zealand First did not place New Zealand first."

 

"We are discussing the soon-to-be ratified NZ-India free trade agreement and the opposition by Messrs Jones and Peters. It’s proving a popular strategy, but it has been my observation, perhaps unfairly, that New Zealand First can sometimes be a little, shall we say, imprecise when it comes to their interpretation of the facts. ...

"[T]he treaty allows for 1000 software engineers, 1000 civil and mechanical engineers, 700 construction managers, 500 teachers and 1200 nurses. That’s 5000 in total. This isn’t 5000 a year. It is 5000 at any one time. And then they have to go home. ...

"[W]hat [else] do we get in this agreement? ... We are talking hundreds of millions of dollars. Not billions. And without dairy this isn’t a game-changer as the Prime Minister describes it but it is, for those industries affected, transformational.

"The other nonsense being peddled by NZ First is the obligation to invest US$20b into India; this is not what the document says. The wording is clear; we shall promote foreign direct investment '…from investors of New Zealand into India with the aim to increase investment by US 20 billion dollars within 15 years…'

"This is an aspiration, not a commitment. I suspect that this was included to give New Delhi cover to justify the internal political cost of reducing tariffs. ...

"It is significant that the Labour Party stepped up to support a treaty that was in the nation’s interest. They [belatedly] placed country ahead of party and for this Labour deserves our appreciation. Ironically, New Zealand First did not place New Zealand first. ...

"Like the trade deal with China, the initial document isn’t the final one. It opens a bilateral economic engagement that will improve the quality of life for residents of both countries.

"Luxon and his trade minister deserve respect and credit for this achievement."

No comments:

Post a Comment

We welcome thoughtful disagreement.
But we do (ir)regularly moderate comments -- and we *will* delete any with insulting or abusive language. Or if they're just inane or off topic. It’s okay to disagree, but pretend you’re having a drink in the living room with the person you’re disagreeing with. This includes me.
PS: Have the honesty and courage to use your real name. That gives added weight to any opinion.