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India & New Zealand Announce Resumption of FTA Negotiations
Millennium Post Delhi
|New Delhi 17March2025
Announcement was made after meeting of Commerce & Industry Minister Piyush Goyal & New Zealand's Trade Minister Todd McClay
NEW DELHI: After a gap of about ten years, India and New Zealand on Sunday announced resumption of negotiations for a proposed free trade agreement to boost economic ties.
India and New Zealand began negotiating the Comprehensive Economic Cooperation Agreement (CECA) in April 2010 to boost trade in goods, services, and investment. However, after nine rounds of discussions, the talks stalled in 2015.
"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," the Commerce & Industry Ministry said.
The announcement was made after the meeting of Commerce and Industry Minister Piyush Goyal and Todd McClay, New Zealand's Minister for Trade and Investment.
Prime Minister of New Zealand Christopher Luxon is here on a four-day visit from March 16.
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