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'India-New Zealand FTA can boost trade tenfold to $20 bn'
November 07, 2025
|Mint Mumbai
The proposed India-New Zealand free trade agreement (FTA) has the potential to eventually boost bilateral trade between the two countries 10-fold to $20 billion, New Zealand's trade minister said after jointly reviewing the progress of the ongoing trade talks with Union commerce minister Piyush Goyal, who said bilateral talks have made “significant progress” and may see a positive outcome soon.
Union commerce minister Piyush Goyal.
(BLOOMBERG)
“I believe this is a historic visit also because we are going to finalise the FTA very soon,” Goyal said ata function immediately after reviewing the progress of negotiations along with New Zealand trade minister Todd McClay on Thursday. Both ministers were speaking at a reception while celebrating 150 years of “Vande Mataram’ with the Indian diaspora.
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