Will government get India trade deal in the bag?
Feb 14, 2026
Tom Maclay, Trade Minister, outlines negotiations and safeguards around a proposed India free trade agreement. Andrew Eagles, CEO of the NZ Green Building Council, makes the case for massive rooftop solar and heat-pump rollout instead of an LNG import terminal. They debate migration safeguards, trade timing and energy alternatives in short, punchy conversations.
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Episode notes
$20B Is An Aspirational Investment Target
- The $20bn figure is an aspirational target to promote private investment, not a government commitment to invest.
- Legal text is being scrubbed and Maclay emphasises 'promote' rather than committing funds.
Rebalancing Clause Requires Dialogue
- The agreement includes a rebalancing process allowing dialogue and potential remedial measures if commitments falter.
- Maclay stresses remedies require engagement and are not unilateral or immediate.
Clarify Visa Conditions Before Worrying
- Maclay reassures the FTA creates temporary skilled visas capped and set by New Zealand conditions, emphasising three-year limits.
- He advises that these visas do not extend automatic family rights and migrants will face New Zealand visa rules.

