**Executive Summary**
The Prime Ministers of India and New Zealand held a telephone conversation to jointly announce the successful conclusion of the India-New Zealand Free Trade Agreement (FTA). Negotiations began in March 2025 and were concluded in a record time of nine months, reflecting the shared ambition and political will of both countries. The FTA aims to promote trade, investment, innovation, and cooperation.
**Key Points / Main Content**
* **India-New Zealand Free Trade Agreement (FTA):**
* The FTA is seen as a catalyst for greater trade, investment, and innovation.
* It is expected to deepen bilateral economic engagement and strengthen strategic cooperation.
* It is mutually beneficial to both countries.
* **Bilateral Trade and Investment Goals:**
* Both leaders expressed confidence in doubling bilateral trade over the next five years.
* An investment of USD 20 billion from New Zealand into India is expected over the next 15 years.
* **Areas of Cooperation:**
* Progress was welcomed in areas such as defense, sports, education, and people-to-people ties.
* Both leaders reaffirmed their commitment to further strengthening the India-New Zealand partnership.
**Impact Analysis**
**Innovators, Entrepreneurs, Farmers, MSMEs, Students and Youth**
**Impact:**
The FTA will open up new opportunities across various sectors in both countries.
**Action Required:**
Leverage the FTA to pursue new opportunities for trade, investment, and collaboration between India and New Zealand.
Key Entities Referenced
India-New Zealand Free Trade Agreement (FTA): A landmark agreement between India and New Zealand aimed at enhancing trade, investment, and cooperation.
Narendra Modi: Prime Minister of India involved in the telephone conversation and announcement of the FTA.
Christopher Luxon: Prime Minister of New Zealand involved in the telephone conversation and announcement of the FTA.
New Zealand: One of the parties to the Free Trade Agreement, focused on bilateral trade.
India: One of the parties to the Free Trade Agreement, focused on bilateral trade.
Prime Minister's Office
Prime Minister holds a telephone conversation
with the Prime Minister of New Zealand
The two leaders jointly announce a landmark India-New
Zealand Free Trade Agreement
The leaders agree that the FTA would serve as a catalyst for
greater trade, investment, innovation and shared
opportunities between both countries
The leaders also welcome progress in other areas of bilateral
cooperation including defence, sports, education and
people-to-people ties
प्रव तथ: 22 DEC 2025 11:30AM by PIB Delhi
Prime Minister Shri Narendra Modi held a telephone conversation with the Prime Minister of New
Zealand, The Rt. Hon. Christopher Luxon today. The two leaders jointly announced the successful
conclusion of the historic, ambitious and mutually beneficial India–New Zealand Free Trade Agreement
(FTA).
With negotiations having been Initiated during PM Luxon’s visit to India in March 2025, the two leaders
agreed that the conclusion of the FTA in a record time of 9 months reflects the shared ambition and
political will to further deepen ties between the two countries. The FTA would significantly deepen
bilateral economic engagement, enhance market access, promote investment flows, strengthen strategic
cooperation between the two countries, and also open up new opportunities for innovators, entrepreneurs,
farmers, MSMEs, students and youth of both countries across various sectors.
With the strong and credible foundation provided by the FTA, both leaders expressed confidence in
doubling bilateral trade over the next five years as well as an investment of USD 20 billion in India from
New Zealand over the next 15 years. The leaders also welcomed the progress achieved in other areas of
bilateral cooperation such as sports, education, and people-to-people ties, and reaffirmed their
commitment towards further strengthening of the India-New Zealand partnership.
The leaders agreed to remain in touch.
***
MJPS/ST
(रलीज़ आईडी: 2207299) आगंतुक पटल : 8352इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , Marathi , ही , Assamese , Manipuri , Bengali , Bengali-TR , Punjabi , Gujarati , Odia , Tamil ,
Telugu , Kannada , Malayalam