10 months ago
India, New Zealand Finalize Free Trade Agreement Talks
India and New Zealand are working on a special deal called a Free Trade Agreement to make it easier for them to trade with each other.
They just finished their fourth meeting to talk about the details.
Both countries want to finish this deal quickly so businesses can sell and buy more things and invest in each other's countries.
They discussed important topics like trading goods and services.
This deal could help businesses in areas like farming and medicine.
Their trade is already growing a lot, and this agreement aims to make it even better for everyone involved.
The fourth round of negotiations for the India-New Zealand Free Trade Agreement (FTA) concluded on November 7.
Both countries aim to conclude a modern, comprehensive, and future-ready FTA.
Discussions covered trade in goods, trade in services, economic and trade cooperation, and rules of origin.
Bilateral merchandise trade reached USD 1.3 billion in 2024-25, with nearly 49% year-on-year growth.
The FTA is expected to boost trade, investment, and unlock potential in sectors like agriculture and services.
- Who
- India's Commerce and Industry Minister Piyush Goyal and New Zealand's Minister Todd McClay
- What
- Concluded the fourth round of negotiations for a proposed Free Trade Agreement (FTA)
- Where
- Auckland and Rotorua, New Zealand
- When
- November 7, 2025
- Why
- To enhance trade flows, deepen investment linkages, strengthen supply-chain resilience, and provide greater predictability and market access for businesses.
India's Stance
New Zealand's Stance
Trade Agreement Conclusion
India's Stance
Committed to expediting the process towards an early, balanced, and mutually advantageous conclusion of the FTA.
New Zealand's Stance
Committed to expediting the process towards an early, balanced, and mutually advantageous conclusion of the FTA.
Key facts
- Bilateral Merchandise Trade (2024-25)
- USD 1.3 billion
- India's Merchandise Trade Growth (YoY)
- Nearly 49%
- Negotiation Round
- Fourth
- Agreement Type
- Free Trade Agreement (FTA)
- Key Sectors for Potential Growth
- Agriculture, food processing, renewable energy, pharmaceuticals, education, and services
Timeline
India and New Zealand wrapped up trade talks in Delhi.
Progress was made on goods and services.
The minister reviewed developments.
Both nations are nearing a final agreement.
Auckland will host the next round in September.
Quotes
The commerce ministry
An official body responsible for commerce and industry in India.
“The proposed free trade agreement between India and New Zealand is expected to enhance trade flows, deepen investment linkages and strengthen supply-chain resilience, the commerce ministry said on Saturday.”
theprint.in
The ministers
The highest-ranking officials from both India and New Zealand involved in the trade negotiations.
“acknowledged the steady progress made during this round and reaffirmed their commitment to work towards a modern, comprehensive, and future-ready FTA”
theprint.in
The ongoing discussions
Refers to the meetings and dialogues taking place between the Indian and New Zealand delegations.
“The ongoing discussions reflect the shared resolve of both nations to expedite the process and work towards an early, balanced, and mutually advantageous conclusion of the agreement”
theprint.in
The proposed FTA
Refers to the anticipated outcomes and benefits of the Free Trade Agreement between India and New Zealand.
“The proposed FTA is expected to unlock further potential in sectors such as agriculture, food processing, renewable energy, pharmaceuticals, education, and services, creating new opportunities for businesses and consumers alike”
theprint.in
Sources
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