NEW DELHI, March 17 — After nearly a decade of stagnation, India and New Zealand have agreed to revive long-stalled negotiations for a comprehensive free trade agreement, New Zealand Prime Minister Christopher Luxon announced upon his arrival in New Delhi today.
New Zealand, a global agricultural powerhouse, has long sought a trade pact with India, the world’s most populous nation. However, discussions had stalled primarily over New Zealand’s ambitions to gain access to India’s highly protected dairy market—one of the largest and most sensitive sectors in the country.
“I’m pleased to announce that New Zealand and India have agreed to restart negotiations on a comprehensive free trade agreement,” Luxon stated. “Stronger trade ties will help drive economic growth in both our nations, creating more jobs and higher incomes for Kiwis and Indians alike.”
The renewed talks mark a significant diplomatic step forward as both nations seek to strengthen economic cooperation. Luxon is set to meet Indian Prime Minister Narendra Modi later today, where further discussions on trade, investment, and strategic partnerships are expected.
