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India, NZ aim to seal free-trade deal in 60 days

Business Standard

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March 19, 2025

India and New Zealand are hoping to sign a full-fledged, comprehensive free-trade agreement (FTA) within the next two months.

- SHREYA NANDI

India, NZ aim to seal free-trade deal in 60 days

The proposed deal could expand bilateral trade by 10 times in a decade. And, considering that both countries are at different stages of development, there could be cooperation in agri-tech, dairy, food processing, pharmaceuticals, renewable energy, critical minerals, forestry, horticulture, tourism, and sports.

Commerce and Industry Minister Piyush Goyal said on Tuesday. "Let's drive this relationship forward, and I look forward to Prime Minister Modi signing that agreement in 60 days," New Zealand Prime Minister Christopher Luxon said at the India-New Zealand Economic Summit organised by industry body Federation of Indian Chambers of Commerce & Industry (Ficci).

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