India, New Zealand Advance FTA Negotiations

India and New Zealand concluded the second round of free trade agreement negotiations in New Delhi, advancing discussions on trade in goods and services, investment, customs procedures, technical barriers, and economic cooperation. The talks, following New Zealand Prime Minister Christopher Luxon's visit to India in March 2025, underscore both countries' commitment to a comprehensive and balanced FTA. Bilateral merchandise trade between India and New Zealand reached $1.3 billion in fiscal year 2024-25, a 48.6% increase from the previous year. The third round of negotiations is scheduled for September 2025 in New Zealand, with virtual meetings planned to sustain momentum. Both sides are optimistic about the agreement's potential to enhance trade flows, investment ties, and supply chain resilience. The FTA talks are part of India's broader push to expand global trade relationships.