Peters Winston: Oral Questions — Questions to MinistersText is incorporated into the Bound VolumePeters Winston: Oral Questions — Questions to Ministers[Sitting date: 08 March 2016. Volume:711;Page:9425. Text is incorporated into the Bound Volume.]7.Rt Hon WINSTON PETERS (Leader—NZ First) to the Prime Minister: Does he stand by all his statements?Rt Hon JOHN KEY (Prime Minister): I feel like I have been here before but yes.Rt Hon Winston Peters: Does he still stand by his statement of August last year that “New Zealand should show solidarity with the other countries that have applied sanctions on Russia because of the actions that it has undertaken.”?Rt Hon JOHN KEY: Yes.Rt Hon Winston Peters: Then how was it that his former Minister of Trade Groser—now an ambassador—said about resuming trade with Russia that it was “a step in the right direction”; if not why is he willing to allow more dairy farmers to go bust while he remains tied down by an informal off-the-cuff golf course agreement with President Obama?Rt Hon JOHN KEY: In the latter assertion the member is quite wrong. But if the member cares about dairy farmers here is a clue: vote for the Trans-Pacific Partnership (TPP). The single-biggest gainers out of the Trans-Pacific Partnership are dairy farmers. Rather than some mythical Russian who might want to buy something I can show him 800 million consumers who definitely want to buy something.Rt Hon Winston Peters: Seeing as he has put that into contention—with regard to for example Canada Japan the United States and the EU and our farmers face $38 billion of preference selling—why has he denied farmers a chance to trade with the world’s second-biggest dairy importer Russia considering there has been another drop in Fonterra’s milk price disastrously from $4.15 to $3.90 announced this morning?Rt Hon JOHN KEY: Well a few things. This will come as new news to the member but Europe is not part of the TPP. The second point that might be interesting to the member is that one of the reasons that dairy prices have been falling is that the supply that used to go from Europe to Russia is not going to Russia not just because of the sanctions but actually because they—Rt Hon Winston Peters: That is the point.Rt Hon JOHN KEY: Well OK—maybe you should wander off and study a bit more economics and work out that they have got no money to buy anything through the front door or the back door. That is the reason prices are going down. Russia is in serious financial difficulty because of oil prices.Rt Hon Winston Peters: Why can he not understand that some of us are not interested in the fraudulent economics of Merrill Lynch but in taking advantage of trading with Russia—the world’s second-biggest importer of dairy products—when the European Union with whom he wants to negotiate now has taken full advantage of our informal sanctions by increasing its milk product exports in our markets?Rt Hon JOHN KEY: The member is quite incorrect. Secondly as I said to him if he wants to support those dairy farmers whom he now says he believes in it is pretty simple. Do two things: No. 1 vote for the Trans-Pacific Partnership (TPP)—pretty straightforward; No. 2 the member earlier in the year got up and said: “I will be approaching the Government to help it support and change the Resource Management Act.” Well I am still waiting. If the member wants to come to talk to me he should feel free to pop up to the 9th floor of the Beehive.Rt Hon Winston Peters: I seek leave to table a communication between the National Party and New Zealand First about the Resource Management Act offer that New Zealand First made but it is a blank paper because it never made an offer.Mr SPEAKER: Order! That is very difficult for me to put to the House.