The fourth round of negotiations for the India-New Zealand Free Trade Agreement (FTA) concluded successfully in Auckland and Rotorua on November 8, 2025. Union Minister Shri Piyush Goyal and New Zealand Minister Mr. Todd McClay acknowledged progress and reaffirmed their commitment to a modern, comprehensive, and future-ready FTA. The discussions involved trade in goods, services, cooperation, and rules of origin, with the shared ambition to strengthen economic ties and build a mutually beneficial partnership. The proposed FTA is expected to enhance trade flows, deepen investment linkages, and strengthen supply chains. India's bilateral trade with New Zealand stood at USD 1.3 billion in FY 2024-25, marking a 49% growth. The FTA is expected to unlock potential in sectors like agriculture, food processing, renewable energy, pharmaceuticals, education, and services. Both sides agreed to sustain momentum and continue detailed discussions towards early convergence on the agreement.
(Release ID: 2187705) Visitor Counter : 477
Key Entities Referenced
India–New Zealand Free Trade Agreement (FTA): A proposed trade agreement between India and New Zealand aimed at enhancing trade flows, investment linkages, and supply-chain resilience.
Ministry of Commerce & Industry: The Indian ministry responsible for negotiations regarding the India–New Zealand Free Trade Agreement.
Auckland and Rotorua: Cities in New Zealand where the fourth round of negotiations for the India-New Zealand Free Trade Agreement took place.
Ministry of Commerce & Industry
Fourth Round of India–New Zealand Free Trade
Agreement Negotiations Concludes
Successfully
Both sides reaffirm commitment to an early, balanced and
comprehensive trade agreement
Posted On: 08 NOV 2025 10:55AM by PIB Delhi
The fourth round of negotiations on the India–New Zealand Free Trade Agreement (FTA) concluded
today in Auckland and Rotorua, following five days of constructive and forward-looking discussions
between the two sides.
Union Minister of Commerce & Industry, Shri Piyush Goyal, and New Zealand Minister for Trade,
Mr. Todd McClay, acknowledged the steady progress made during this round and reaffirmed their
commitment to work towards a modern, comprehensive, and future-ready FTA.
Both delegations held detailed engagements across key tracks including trade in goods, trade in
services, economic and trade cooperation, and rules of origin. The discussions reflected the shared
ambition to strengthen economic ties and build a mutually beneficial partnership that supports
resilient, inclusive, and sustainable growth.
Guided by the leadership of Prime Minister Shri Narendra Modi, India remains committed to forging
deeper economic partnerships that contribute to global prosperity and secure supply chains. The
Ministers noted that the proposed FTA is expected to significantly enhance trade flows, deepen
investment linkages, strengthen supply-chain resilience, and provide greater predictability and market
access for businesses in both countries.
The ongoing discussions reflect the shared resolve of both nations to expedite the process and work
towards an early, balanced, and mutually advantageous conclusion of the agreement.
India’s bilateral merchandise trade with New Zealand stood at USD 1.3 billion in FY 2024–25,
marking a year-on-year growth of nearly 49 percent. The proposed FTA is expected to unlock further
potential in sectors such as agriculture, food processing, renewable energy, pharmaceuticals,
education, and services, creating new opportunities for businesses and consumers alike.
Both sides agreed to sustain momentum through inter-sessional work and continue detailed
discussions across all chapters with a shared determination to move towards early convergence on the
India–New Zealand Free Trade Agreement.***
AD/NS/AP
(Release ID: 2187705) Visitor Counter : 477
Read this release in: Urdu , ही , Marathi , Gujarati , Tamil , Malayalam