New Zealand PM hopes to seal trade pact with India in 60 days

India and New Zealand have set a deadline of 60 days to wrap up discussions on their free trade agreement (FTA) and a goal to grow bilateral trade tenfold in the next 10 years.

- Mukesh Jagota

India and New Zealand have set a deadline of 60 days to wrap up discussions on their free trade agreement (FTA) and a goal to grow bilateral trade tenfold in the next 10 years. "I look forward to, along with Prime Minister Narendra Modi, signing that agreement (FTA) in 60 days," Prime Minister of New Zealand Christopher Luxon said at a meeting of the India-New Zealand Economic Forum on Tuesday.

India and New Zealand on Sunday announced the relaunch of FTA talks after a gap of a decade. Earlier, the negotiations on the FTA were held between 2010 and 2015 before they were abandoned. One major sticking point in the negotiations was New Zealand's demand for greater access to the Indian dairy market.