India and New Zealand Begin FTA Negotiations

On 16th March 2025, India and New Zealand announced the launch of negotiations for a comprehensive Free Trade Agreement (FTA), aiming to strengthen economic ties.

Key Points

Significance: Marks a major milestone in bilateral trade relations, enhancing market access and supply chain integration.
Trade Growth: Bilateral trade has surpassed $1 billion from April 2024 to January 2025.
Objectives: The FTA aims to foster mutual growth, economic resilience, and new opportunities for businesses and consumers.
Strategic Partnership: Both nations share strong democratic values, economic complementarities, and people-to-people ties.