New Zealand FTA to aid trade grow 10-fold in a decade, says Minister Goyal
This story was originally published at 16:58 IST on 18 March 2025
Register to read our real-time news.Informist, Tuesday, Mar. 18, 2025
NEW DELHI – India's free trade agreement with New Zealand is likely to help the bilateral trade grow 10 times within a decade, Commerce and Industry Piyush Goyal said on Tuesday. The two sides on Sunday re-iniated talks for a trade pact after a break of 10 years.
Both the countries would come out as winners in this partnership, Goyal said at India-New Zealand Chief Executive Officers Roundatble organised by the Federation of Indian Chambers of Commerce and Industry. In 2015, India and New Zealand had halted trade talks because of disagreements over market access and trade priorities.
The trade between India and new Zealand surpassed $1 billion in Apr-Jan, Goyal had said on Sunday while announing the restrat of trade talks. In 2023-24 (Apr-Mar), the bilateral trade between the nations was $873.4 million, that included Indian exports worth $538.3 million and $335.1 million of imports. End
US$1 = INR 86.70
Reported by Krity Ambey
Edited by Akul Nishant Akhoury
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
