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India and New Zealand have concluded negotiations on a free-trade agreement, but its immediate impact on merchandise trade is likely to be limited given bilateral flows of just $2.1 billion in FY2025, according to a Global Trade Research Initiative (GTRI) analysis.The agreement, finalised on December 22 following a phone call between Prime Minister Narendra Modi…
In the last five years, India has sealed seven significant trade pacts as part of its effort to expand its global economic footprint. (AI image) India announced concluding a Free Trade Agreement (FTA) with New Zealand on Monday paving the way for duty-free entry of Indian goods into New Zealand and a planned inflow of…
The concluded India–New Zealand free trade agreement includes a tightly ring-fenced investment arrangement that will allow New Zealand firms to process dairy inputs in India exclusively for re-export, while keeping India’s domestic dairy market fully protected, Commerce and Industry Minister Piyush Goyal said on Monday, PTI reported.Under the arrangement, firms from New Zealand can bring…
As India and New Zealand finalised a historic free trade agreement (FTA), not everyone was onboard. New Zealand’s foreign affairs minister Winston Peters voiced his opposition claiming the deal was “neither free nor fair”.“New Zealand First is regrettably opposed to the India Free Trade Agreement announced today. We consider the India-New Zealand Free Trade Agreement…
The trade deal aims to expand cooperation in services, mobility, goods, investment and trade facilitation. (AI image) India-New Zealand trade deal: Prime Minister Narendra Modi and his New Zealand counterpart Christopher Luxon on Monday had a telephonic conversation and announced finalising the India-New Zealand Free Trade Agreement (FTA). Both leaders stressed that this FTA would…
India and New Zealand struck a free trade agreement (FTA) on Monday, marking the end of negotiations that began back in March this year. The agreement was unveiled after a telephone conversation between PM Modi and New Zealand’s PM, Christopher Luxon. During the call, the two leaders described the India–New Zealand Free Trade Agreement as…
India and Oman signed a trade deal, expanding the country’s strategic and economic relations in the Persian Gulf, and helping exporters at a time when they are facing headwinds in several parts of the world.The Comprehensive Economic Partnership Agreement (CEPA), the second in West Asia after the one with UAE a few years ago, will…
PM Narendra Modi conferred with Order of Oman (Image/ANI) NEW DELHI: Prime Minister Narendra Modi on Thursday was conferred with the Order of Oman, the Sultanate’s highest civilian award, during his ongoing two-day visit to the Gulf nation.During the visit, India and Oman also signed a landmark free trade agreement, marking a significant boost to…
Commerce and Industry Minister Piyush Goyal with New Zealand’s Trade Minister Todd McClay (File photo-ANI) Negotiations between India and New Zealand on a proposed free trade agreement are likely to be wrapped up soon, Commerce Secretary Rajesh Agrawal said on Monday, signalling progress after multiple rounds of discussions at both official and ministerial levels, PTI…
Prime Minister Modi’s upcoming visit to Oman is poised to forge a robust economic and strategic alliance, potentially including a free trade agreement and a joint defense partnership. India anticipates receiving spare parts for its retired Jaguar fleet from Oman. NEW DELHI: India’s outreach to Gulf countries is set achieve a significant boost with PM…
