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India, New Zealand Start Talks for Free Trade Agreement
The Business Guardian
|March 17, 2025
India and New Zealand have launched negotiations for a "comprehensive and mutually beneficial" Free Trade Agreement (FTA), the Union commerce ministry said in a statement Sunday, minutes after the Kiwi Prime Minister Christopher Luxon landed in New Delhi for a five-day official visit.
"With bilateral trade continuing to grow steadily, surpassing Rs 1 billion during April-January 2025, the FTA negotiations aim to unlock new avenues for businesses and consumers, fostering mutual growth and prosperity of our nations," Union Minister Piyush Goyal said in a post on X.
The India-New Zealand FTA negotiations aim to achieve balanced outcomes that enhance supply chain integration and improve market access.
"This milestone reflects a shared vision for a stronger economic partnership, fostering resilience and prosperity," the ministry said in the statement.
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