Grigg NicolaNICOLA GRIGG (National—Selwyn): Well as a member of the Opposition I feel it's my duty to rise and celebrate this bill because since its very inception the National Party has been welcoming and indeed congratulatory towards the Minister for getting it across the line. So I'd just like to correct that for the record to the member of Taieri over there.As discussed I do rise on behalf of the party to support the United Kingdom Free Trade Agreement Legislation Bill. My family was actually one of the very first farmers to put frozen mutton carcasses on the ship Dunedin that went all the way to London back then.Tim van de Molen: 1882.NICOLA GRIGG: So—thank you Tim van de Molen; I'm not so good at dates. So we do indeed celebrate our export industry.And while we're on history I think it does need to be acknowledged to this House that this agreement would never have actually come about if it weren't for the groundwork laid by the National Party and various National Party trade Ministers particularly the Hon Tim Groser and the Hon Todd McClay. Because while Labour was out there with their signs and their placards protesting the Trans-Pacific Partnership National was out there getting out around the world and getting deals done getting deals inked and they started with the UK and the EU and the Pacific Alliance. I often think back to that former National Government and some words that John Key always used to use and I quote him where he said New Zealand will not get rich selling to itself." And that's always stuck with me because it really I think identifies the huge importance that trade has for New Zealand.So it is good to see the Labour Party has finally put down their placards and got on board with the idea that free trade is a good thing for this nation. And one would hope that in a utopian world perhaps the Green Party might also see a similar sense but I think that unlikely.The immediate elimination of 97 percent of tariffs on our exports is unprecedented. Damien O'Connor: I think I have described in the odd interview to the country that this deal is a cracker. So well done for getting it over the line. We do congratulate you and your predecessors and of course the many many officials who have done the hard yards and actually got the groundwork done and paved the way for you to sign and ink the deal.The UK is a very important market to New Zealand because of our deep and abiding historical links and obviously the future which we see as very bright. It is our seventh largest export destination. Many people have discussed our two-way trade already at about $6 billion. And I think in the context of Crown debt heading towards $164 billion our exporters are going to play a crucial role in rectifying the New Zealand economy. So securing high-quality trade agreements and comprehensive free-trade agreements is a really important part to that solution. Already our agri-exports are tipping $52 billion. That too is unprecedented. And I would like to acknowledge the agricultural sector for the fine indictment on that very very hard work that they do.I'd also note within this particular bill the inclusion of that increase in foreign direct investment. The National Party does also agree with and support that. To raise that screening threshold from $100 million to $200 million for non-Government investors is key. I do note huge concern at the moment around the performance of the Oversees Investment Office which also falls under that Minister's purview and I do hope that he has got the blowtorch to their feet at the moment.As we said at the time of the signing of the agreement in principle the Australia-UK agreement was the benchmark for where New Zealand should have been aiming for in terms of the time frames for that tariff-free trade. And it is really good and pleasing to see that the dairy tariffs occur pretty quickly but we are disappointed and would like to register our disappointment on behalf of the red meat sector that that tariff elimination will take quite a lot longer than our Australian counterparts. And while it does appear our quotas of sheep meat will be greater beef will be less but obviously in trade deals there is always some give and take.Anna Lorck: Back to the negatives.NICOLA GRIGG: Anna Lorck I haven't finished. We would also like in my remaining 9 seconds to acknowledge the British desire to join the Comprehensive and Progressive Trans-Pacific Partnership and the momentum that that is gaining. And the National Party encourages the Government to pursue that."