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India and New Zealand are advancing FTA talks, aiming for direct flights by 2028 and boosting trade to $1.3 billion in FY2024-25.
India and New Zealand are advancing talks for a bilateral Free Trade Agreement, with Union Minister Piyush Goyal meeting Air New Zealand’s CEO during his visit to discuss potential direct flights between Air India and Air New Zealand by 2028.
The fourth round of FTA negotiations in Auckland reflects growing economic ties, as bilateral trade hit $1.3 billion in FY2024-25—a 48.6% rise—driven by Indian exports of pharmaceuticals, machinery, and textiles, and New Zealand’s exports of wool, fruits, nuts, and aluminum.
Both nations aim to boost investment, supply chain integration, and a stable trading environment while balancing national interests.
India y Nueva Zelanda están avanzando en las conversaciones de TLC, con el objetivo de realizar vuelos directos para el año 2028 y aumentar el comercio a $1.3 mil millones en el año fiscal 2024-25.