India and New Zealand have reaffirmed their commitment to conclude a Free Trade Agreement (FTA) in 2025. Following successful initial negotiations, the next round is scheduled for July 2025. This builds on the bilateral meeting during New Zealand PM Christopher Luxon’s visit to India in March.
Total merchandise trade between the two countries reached USD 1.3 billion in FY 2024-25, marking a 48.6% growth. The FTA is expected to further enhance trade and investment flows, improve supply chain integration, and provide a robust framework for future economic cooperation.
Both nations aim for a balanced, fair agreement, covering goods, services, and strategic economic sectors, reflecting shared priorities and global trade aspirations.