India and New Zealand embark on FTA talks to boost trade, enhance market access, and strengthen economic ties.
India and New Zealand have officially launched negotiations for a comprehensive Free Trade Agreement (FTA), marking a pivotal step in deepening their economic partnership. The announcement came ahead of a bilateral meeting between Prime Minister Shri Narendra Modi and New Zealand Prime Minister Christopher Luxon.
The initiative was formalised during a meeting between India’s Commerce and Industry Minister Shri Piyush Goyal and New Zealand’s Trade and Investment Minister Todd McClay on March 16, 2025. The FTA aims to enhance supply chain integration, improve market access, and foster greater economic resilience.
India and New Zealand share a long-standing relationship rooted in democratic values, strong people-to-people ties, and economic complementarities. The launch of these negotiations signals a mutual commitment to building a robust trade framework that paves the way for sustained growth and prosperity between the two nations.
Source: PIB
