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India, New Zealand working on a comprehensive, mutually beneficial Free Trade Agreement, says Goyal

The Statesman Bhubaneswar

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March 19, 2025

Commerce Minister Piyush Goyal said while addressing the CEOs of India and New Zealand in New Delhi on Tuesday that India and New Zealand are working to finalize a comprehensive and mutually beneficial Free Trade Agreement.

- AGENCIES

The two countries had announced the launch of negotiations for an FTA earlier this week.

Christopher Luxon, Prime Minister of New Zealand, Todd McClay, New Zealand's Minister for Trade and Investment, Agriculture and Forestry, business leaders, and senior officers of the two countries attended today's event.

Addressing the business leaders, Goyal emphasized the immense potential for collaboration between the two countries.

He articulated an ambitious vision for the India-New Zealand partnership, targeting 10x growth in bilateral trade over the next decade.

Prime Minister of New Zealand, while addressing the forum, stated that businesses play a critical role in both economies and in strengthening bilateral relations.

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