India and New Zealand have officially launched negotiations for a Free Trade Agreement (FTA), marking a significant step in strengthening economic ties between the two nations.
The announcement comes ahead of a bilateral meeting between Indian Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon. The decision to initiate FTA talks was formalised during a meeting between India's Commerce and Industry Minister Piyush Goyal and New Zealand's Trade and Investment Minister Todd McClay on March 16, 2025.
The proposed agreement aims to push for balanced outcomes that enhance supply chain integration and improve market access.
PM Luxon arrived in New Delhi, India on 16th March where he was warmly welcomed by Prof. S. P. Singh Baghel, Minister of State of Fisheries, Animal Husbandry and Dairying of India, along with a folk dance.
Taking to social media, Luxon wrote, "I’ve landed in India – a country of huge importance to New Zealand’s prosperity, security and society.India provides a huge economic opportunity for Kiwis.
That’s why I’m here and that’s why I’ve brought a senior delegation of business and community leaders with me."
PM Luxon in New Delhi with Prof. S. P. Singh Baghel, Minister of State of Fisheries, Animal Husbandry and Dairying of India/Photo: Supplied
PM Luxon is expected to meet Minister of External Affairs Dr. S Jaishankar and is also set to be the chief guest at the Raisina Dialogue during this visit.