Successful Conclusion of India-New Zealand FTA Negotiations
The fourth round of negotiations for the India-New Zealand Free Trade Agreement (FTA) concluded successfully in Auckland and Rotorua, with both nations reaffirming their commitment to a comprehensive trade agreement. Union Minister Piyush Goyal and New Zealand's Trade Minister Todd McClay highlighted the progress made and the potential for enhanced trade flows and investment linkages. The FTA aims to strengthen economic ties and unlock opportunities in various sectors, with bilateral trade reaching USD 1.3 billion in FY 2024-25, marking a 49% growth year-on-year.
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