Bilateral trade grew 49% in 2024-25
A proposed Free Trade Agreement (FTA) between India and New Zealand is expected to further boost bilateral merchandise trade flows, which stood at US$1.3 billion in FY 2024–25, registering a growth of nearly 49% over the previous year http://commerce.gov.in.
The third round, held from 15th to 19th Sept 2025 in Queenstown, had focused on promotion of investment linkages, strengthening supply chain resilience, and create a predictable framework for businesses in both countries http://nzte.govt.nz.
Both sides agreed to maintain momentum through inter-sessional engagements. The next round of in-person negotiations is scheduled to be held in New Delhi on 13–14 Oct 2025 https://fieo.org/.
The third round of negotiations for the India–New Zealand FTA concluded on 19 Sept 2025 in Queenstown.
The discussions reaffirmed the shared commitment of both nations to strengthen economic ties and work towards the early conclusion of a balanced and mutually beneficial agreement https://www.nseindia.com/.
The negotiations reflected a common resolve to deepen bilateral trade, investment, and economic cooperation, the Commerce and Industry Ministry said on 19 Sept https://www.bseindia.com/.
The FTA was formally launched on 16th March 2025, during the meeting between Minister of Commerce and Industry Piyush Goyal and New Zealand’s Minister for Trade and Investment Todd McClay https://sbi.com.in/. Fiinews.com
