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India and New Zealand Open 4th FTA Round in Auckland as Goyal Seeks Quick Finish

Agriculture, especially dairy, remains the unresolved hurdle shaping the timeline.

Overview

  • Negotiators opened the November 3–7 round in Auckland, taking up trade in goods, services and rules of origin.
  • Commerce Minister Piyush Goyal is traveling to meet New Zealand’s Todd McClay after saying the pact could be decided quickly.
  • Both sides describe the talks as constructive and aimed at reaching convergence on outstanding issues for an early conclusion.
  • Merchandise trade reached about $1.3 billion in FY25, roughly 49% higher year on year, adding commercial impetus to the pact.
  • In parallel, an EU team is in New Delhi this week for intensified India–EU FTA discussions to resolve remaining issues.