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India, New Zealand announce launch of FTA negotiations

By TIOL News Service

NEW DELHI, MAR 17, 2025: INDIA and New Zealand share a longstanding partnership founded on shared democratic values, strong people-to-people ties, and economic complementarities. Both countries have continuously worked towards building their bilateral relationship encompassing trade and investment.

On the eve of the bilateral meeting between the Hon'ble Prime Minister of India,   Narendra Modi and the Right Honourable Christopher Luxon, Prime Minister of New Zealand and in the spirit of deepening our economic co-operation, the two nations are pleased to announce the launch of negotiations for a comprehensive and mutually beneficial India-New Zealand Free Trade Agreement (FTA) negotiations. This significant step was marked by a meeting between Hon'ble Piyush Goyal, India's Minister for Commerce and Industry, and Hon'ble Mr. Todd McClay, New Zealand's Minister for Trade and Investment, on March 16th, 2025, laying the foundation of a momentous partnership towards strengthening the economic and trade ties between the two countries.

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.


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