India and New Zealand have restarted free trade talks after a decade-long hiatus.
They are apparently aiming to bolster economic ties to counter the US Trump administration's tariffs on imported goods from several countries.
The announcement came during New Zealand Prime Minister Christopher Luxon's five-day visit to India this week.
Luxon met with his Indian counterpart Narendra Modi on Monday. They signed a range of agreements to deepen defense and economic ties.
On Tuesday, Luxon spoke of his expectations for the timeline of the negotiations. He said, " Let's drive this relationship forward. And I will look forward to Prime Minister Modi signing that agreement in 60 days' time."
Previous negotiations began in 2010, but stalled in 2015 after several rounds.
New Zealand had been seeking access to India's dairy market. But India has traditionally protected its agricultural industry, which provides livelihoods to millions of small farmers.
They are apparently aiming to bolster economic ties to counter the US Trump administration's tariffs on imported goods from several countries.
The announcement came during New Zealand Prime Minister Christopher Luxon's five-day visit to India this week.
Luxon met with his Indian counterpart Narendra Modi on Monday. They signed a range of agreements to deepen defense and economic ties.
On Tuesday, Luxon spoke of his expectations for the timeline of the negotiations. He said, " Let's drive this relationship forward. And I will look forward to Prime Minister Modi signing that agreement in 60 days' time."
Previous negotiations began in 2010, but stalled in 2015 after several rounds.
New Zealand had been seeking access to India's dairy market. But India has traditionally protected its agricultural industry, which provides livelihoods to millions of small farmers.
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Summary
India and New Zealand resumed free trade negotiations following a ten-year pause, aiming to strengthen economic ties in response to US tariffs on imported goods. The announcement was made during New Zealand Prime Minister Christopher Luxon's recent visit to India. Luxon met with Indian PM Narendra
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ID: 7da0258d-c44c-454c-8b3f-24a284ee9c48
Category ID: nhk
URL: https://www3.nhk.or.jp/nhkworld/en/news/20250319_25/
Date: March 19, 2025
Created: 2025/03/20 07:00
Updated: 2025/12/08 05:26
Last Read: 2025/03/20 07:03