Fourth Round of India–New Zealand Free Trade Agreement Negotiations Concludes Successfully

Key Points

1. The fourth round of India–New Zealand Free Trade Agreement (FTA) negotiations concluded in Auckland and Rotorua.
2. Negotiations took place over five days.
3. Union Minister Shri Piyush Goyal and New Zealand Minister Mr. Todd McClay acknowledged progress.
4. India's bilateral merchandise trade with New Zealand stood at USD 1.3 billion in FY 2024–25.
5. Bilateral trade grew by nearly 49 percent year-on-year.
6. The FTA aims to enhance trade flows, deepen investment linkages, and strengthen supply-chain resilience.
7. Sectors expected to benefit include agriculture, food processing, renewable energy, pharmaceuticals, education, and services.