A select committee hearing on New Zealand’s Free Trade Agreement (FTA) with India has drawn renewed attention after social media commentator 2ETEKA highlighted an exchange involving MPs and officials over provisions relating to investment obligations.
In a post on X, 2ETEKA said previously overlooked footage showed committee chair Tim van de Molen questioning whether the agreement could require New Zealand to promote up to US$20 billion (about NZ$33 billion) of investment into India. According to the post, van de Molen repeatedly pressed officials on Article 9.10(3), expressing concern that India could suspend trade concessions if it considered New Zealand had failed to make sufficient progress towards that investment target.
The post says Deputy Secretary for Trade and Economic Affairs Vangelis Vitalis argued that Article 9.2 frames the investment figure as an “aim” rather than a binding obligation. However, 2ETEKA contends van de Molen remained concerned that the wording of Article 9.10(3) appeared to provide India with a mechanism to reimpose tariffs until New Zealand fulfilled the investment objective.
2ETEKA also referred to comments from Green MP Lawrence Xu-Nan, who noted Treasury modelling estimated the agreement would increase New Zealand’s GDP by around 0.1 per cent, or approximately $500 million, by 2046. Vitalis responded that Treasury has historically underestimated the economic benefits of free trade agreements and suggested the gains from the India agreement could ultimately prove larger, citing New Zealand’s experience following its FTA with China.
However, although exports to China exceeded initial forecasts, the increase would not be sufficient to justify expectations of a comparable return on a potential NZ$33 billion investment commitment. New Zealand would therefore need export growth far beyond Treasury’s projections to offset the investment target.
2ETEKA was also critical of the committee discussion, alleging Labour MP Vanushi Walters initially suggested van de Molen had misinterpreted the clause before later attributing the issue to “poor drafting.” Discussion was then diverted onto other topics before the investment clause was fully resolved.
🚩This is damning for Luxon, National, Act & Labour. The FTA is as bad as they are denying it is.
Footage most people haven’t seen from the India FTA select committee,reveals that FTA has duplicitous clauses that determines the NZ $ 33 Billion of direct investment into India IS… pic.twitter.com/294UKtL1Aj
— Holyhekatuiteka (@2ETEKA) July 14, 2026
The Fraud and Treason Agreement.
BRILLIANT
Why in God’s name would anyone submit to a voluntary blackmail clause (as in nz not deemed to be trying….?? )
The projected return in the first place is ridiculous- one fortieth of the investment – to quote Dr Xu-Nan, and the bureaucrats at the table are quoting “in good faith”, like it’s some kind of bridge club.
This strange agreement sounds weirder than weird.
Hardly a game of bridge, more like a poker game with the chips being innocent hostages.
Arguing semantics and definitions while ignoring the numbers elephant in the room is tragic.
https://www3.parliament.nz/en/pb/sc/make-a-submission/document/54SCFADT_SCF_ECD96E4C-4BD9-4244-978C-08DEA4D2595B/international-treaty-examination-of-the-free-trade-agreement
So its clear this isn’t about trade, its a Trojan horse to import cheap labour into New Zealand, driving wages down, ensuing labour is plentiful, whilst creating an under class dependent on loans from banksters. Probably also a ready made voting base to prop up the globalists. No vote for anyone supporting this from me and not just this election either, no vote ever.
also a plan and process to remove the white primarily christian race – inundate with indians as so called boat people from african and middle east sewers cannot easily come here.
UN 1947 plan (universal ID, Digital ID and currency, Open borders immigration, poison the people) in action thanks to limp wrist luxon who appears to be longing for its WEF / UN / WHO puppet badge.
POS should be hanged very slowly along with the rest of the medical/ big pharma stooge cabal – in this once was nice country.
and where the f*** are maori
who will be the main class who will suffer from this F raud and T reason A greement?
I don’t believe this is about trade. Its about immigration The globalists want to create an underclass that’s dependent on them but more importantly also has the right to vote for them. The globalists know people hate them and can see them for what they are, the writing is on the wall. This is a survival mechanism.
From someone who has been dealing with Indian business domestic and abroad, this U tell you for nothing. Luxon et al have sold us out. Period. Indians will continue to replace the locals and buy up any / every business, employing their own, being dishonest and deceitful. It’s in their lineage, psych. Corrupt, for the most part.
What exactly does New Zealand get in return for permitting hundreds of thousands of immigrants we don’t need and don’t want, who will undermine the New Zealand standard of living, plua handing over NZ$33 billion dollars to our own further impoverishment?
What exactly are we getting in return?
You answered your own question, cheap, pliable, labour to keep those MNO profit margins nice and high and costs nice to low.
So what does the $33billion buy us?
bart bart
It buys the Indian governments co operation, it paves the way them encouraging people to come to NZ. They have the opposite problem, too many people.
At the end of the day, they all in on it.
It’s the most sinister economic attack on the middle class Kiwi. With replacement migration.
That $33B is 15% of NZ GDP.
It will take people power seen in Ireland and Scotland, UK to turn it around.
Welcome to the 4th turning.
Luxtards dowry to Modi
Who benefits?