India and New Zealand Launch Free Trade Agreement Talks During PM Luxon's Visit
New Zealand Prime Minister Christopher Luxon highlights strong bilateral ties and economic opportunities during his five-day official visit to India.
- Indian and New Zealand officials announced the start of negotiations for a comprehensive Free Trade Agreement (FTA) to enhance economic cooperation and market access.
- New Zealand PM Christopher Luxon praised India's hospitality and emphasized the potential for deepening ties between the two nations.
- Luxon brought the largest-ever delegation of business and community leaders on a New Zealand PM's foreign trip, focusing on trade and economic growth.
- India and New Zealand aim to address key trade challenges, including market access for dairy and IT services, while boosting bilateral trade, which reached $1 billion in the current fiscal year.
- Luxon will participate as the chief guest and keynote speaker at the Raisina Dialogue, India's flagship geopolitics and geo-economics conference.