Auckland/New Delhi, July 10 (IANS) India is one of the world’s most important rising powers and the India-New Zealand Free Trade Agreement comes at a crucial time as New Zealand adapts to an increasingly multipolar world, New Zealand Member of Parliament Phil Twyford said on Friday while welcoming Prime Minister Narendra Modi’s visit to the country.Speaking to IANS in Auckland, Twyford said India has emerged as a political and economic powerhouse in Asia and that New Zealand stands to benefit fr…
Latest Free Trade Agreement News & Updates
Auckland/New Delhi , July 10 (IANS) Calling Prime Minister Narendra Modi’s visit a landmark moment in India-New Zealand relations, New Zealand Revenue Minister Simon Watts said on Friday that the signing of the India-New Zealand Free Trade Agreement (FTA) marks a major step forward for bilateral ties, opening significant economic opportunities for both countries while reinforcing their shared commitment to a rules-based international order.Speaking to IANS in Auckland, Watts said the India-New Z…
New Delhi, July 9 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said he was delighted to interact with the MP LEAD Fellows and hear their insightful ideas, aspirations and commitment towards India’s progress.In a post on X, Goyal said they discussed the transformative journey towards Viksit Bharat 2047, the role of youth in nation-building, and the importance of informed participation in shaping public policy. “The interaction also highlighted the significant contribution of M…
Auckland, July 9 (IANS) The Indian community in New Zealand remains quite excited over Prime Minister Narendra Modi’s visit to the country starting Friday. Speaking with IANS, a member of the Indian community highlighted that it would be after four decades that an Indian PM will be arriving in New Zealand.”We are delighted that Prime Minister Narendra Modi is visiting New Zealand. I still remember the last visit by an Indian Prime Minister, Rajiv Gandhi, in 1986. I had the opportunity to atten…
New Delhi, July 9 (IANS) China now appears to be trying to re-establish its influence in Nepal after a Bangladesh foray, with new promises of economic assistance and infrastructure development. With China’s Vice Minister for Commerce Yan Dong’s Kathmandu visit this week, the message was unmistakable.Beijing wants deeper economic ties, faster project delivery, and formal safeguards for its investors.This followed Nepal Foreign Minister Shisir Khanal’s meeting with his Chinese counterpart Wang Y…
Auckland, July 9 (IANS) The Indian community in New Zealand is eagerly waiting for Prime Minister Narendra Modi’s arrival in Auckland on Friday in what would be the first official visit of an Indian PM to the country in four decades. In an interview with IANS, former Consul of India in Auckland Bhav Dhillon highlighted the growing bilateral ties between two nations, citing the recently signed Free Trade Agreement (FTA) and the air connectivity agreement. He also described the eagerness of Indian…
New Delhi, July 9 (IANS) New Zealand Prime Minister Christopher Luxon on Thursday said that 57 per cent of the country’s exports to India would become tariff-free from the first day under the free trade agreement (FTA).In a post on X, Luxon said, “New Zealand businesses are set to boom with our India Trade Deal” and 57 per cent of everything we export to India will be tariff free from day one.”The comment came ahead of Prime Minister Narendra Modi’s two-day visit to New Zealand from July 1…
Washington, July 9 (IANS) India and the European Union plan to intensify cooperation on reforming the World Trade Organization (WTO), with both sides saying their newly concluded free trade agreement has created a stronger platform to jointly pursue changes to the global trading body amid growing uncertainty in international commerce. Senior trade negotiators from India and the European Commission said the issue will feature prominently during the next meeting of the India-EU Trade and Technolog…
Washington, July 9 (IANS) The European Union has rejected suggestions that shifting US trade policies under President Donald Trump drove the conclusion of its landmark free trade agreement with India, saying the pact was the result of years of political commitment and a shared strategic vision rather than short-term geopolitical developments.The remarks came after Christophe Kiener, the European Union’s chief negotiator for the agreement, on Wednesday (local time) pushed back against a suggestio…
New Delhi, July 8 (IANS) Strengthening collaboration with the Institute of Chartered Accountants of India (ICAI) can play a significant role in supporting India’s economic growth and advancing its global trade ambitions, Union Commerce and Industry Minister Piyush Goyal said on Wednesday following a meeting with the institute’s leadership.According to the minister, the discussions focused on expanding cooperation between the government and the accounting profession to facilitate trade and invest…