India and New Zealand to begin talks on FTA after a decade, announces PM Modi
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The Economic Times - 17 March 2025
India and New Zealand to begin talks on FTA after a decade, announces PM Modi
India and New Zealand will begin talks for a proposed free trade agreement, announced Prime Minister Narendra Modi on Monday. The FTA was stalled in 2015 following their failure to narrow differences in sensitive areas including dairy and agriculture.
India and New Zealand began negotiating the Comprehensive Economic Cooperation Agreement (CECA) in April 2010 to boost trade in goods, services, and investment but the talks stalled after nine rounds of discussions. The ninth round of negotiation was held in 2013.
The two nations announced the launch of negotiations for a comprehensive and mutually beneficial India-New Zealand Free Trade Agreement (FTA) on the eve of the bilateral meeting between the Prime Minister Narendra Modi and Christopher Luxon, Prime Minister of New Zealand.