McKelvie IanIAN McKELVIE (National—Rangitīkei): Thank you Madam Speaker. It's a pleasure to take a call on the Regional Comprehensive Economic Partnership (RCEP) Legislation Bill especially on a day when you think about it this RCEP—really I guess negotiations on this would have started in the early 1970s when the British booted us out. And it's ironic that the day we put this bill through its third reading is the day we sign another free-trade agreement which really gets us back into a situation in Britain which we were last in in 1972. I find it really quite intriguing that the team that get behind these things and have done the work—and I think we've got to realise and congratulate all those people since those early 1970s who have got involved in trade negotiation as Ministers who have got involved in the negotiations and gone around the world working their way for New Zealand—to see what we've been able to achieve in the way of free trade agreements and other kind of trade agreements that have kept us in the market so well and so strongly. And they're to be congratulated on that because I think it's pretty special.So this is really where we got to this bill as a result of being thrown out of Britain or Britain entering the EEC. And one of the ironies of this that I must talk about for a minute is that if you looked at our meat industry in the early 1970s which was probably our second biggest industry after wool—of course dairy has long since gone past that and one or two others; well tourism was there until last year—that the meat industry in those days was largely owned by Britain. Now the biggest meat industry export market by far is China and interestingly our meat industry is now to a large extent owned by China. So there's a bit of irony in what goes on in trade in the world. So it really points to the issues that the ACT speaker Brooke van Velden was raising which is that we very much rely on rules-based trade deals which enable us to keep our place in the world irrespective of what's going on around us. It's hugely important and it's even more important at a time like this where getting access to markets and retaining access to those markets and actually being able to get our product to those markets is hugely important. So I think it's exciting that we've got to this point with this agreement and we've heard a number of people with a lot more knowledge of trade than me talking about it earlier in the evening.The countries involved in this trade agreement are very important to New Zealand and when you think as I said earlier that we primarily relied on Britain in the early 1970s—we're now very big in Asia. A lot of our Asian countries and friends are now our largest trading partners. One of the exciting things about this agreement is that it brings Indonesia to the fore and we end up—I think Indonesia is still one of the great opportunities we've got in Asia and so that's quite an exciting opportunity and we need to move on with our negotiations with Indonesia. But even more importantly I think is the fact that India has pulled out of this agreement and I think it was Todd McClay earlier who was talking about the importance of New Zealand getting on and negotiating some sort of trade deals with India. A huge opportunity for New Zealand and one when you think about it that a lot of the requirements India have we can satisfy. But we've got to realise also and of course to satisfy those markets that we're a very very small part of the world market for anything. Particularly this agreement—like many of our others—primarily deals in agricultural products and so it's really important that that we continue to negotiate our way through these trade agreements at the top end of the agricultural market because we can supply about 40 million people with food. If you look at some of these countries and some of these cities actually they're almost that entire market.So it's particularly important for New Zealand that we continue to sign these agreements. I again just want to congratulate all those people: the officials and our trade negotiators who are internationally recognised as the best there is for the very reason that we heavily rely on trade to keep ourselves going. So I commend this bill to the House and I look forward to many more coming through the House as well. Thank you Madam Speaker.