The fourth round of negotiations for the India-New Zealand Free Trade Agreement (FTA) officially commenced on November 3, 2025, in Auckland. This series of discussions marks a crucial step toward strengthening economic ties and developing a balanced, comprehensive, and mutually beneficial trade partnership between the two countries.
Steady Progress Towards a Mutual Agreement
This ongoing round, scheduled from November 3 to November 7, builds upon the momentum from previous sessions. Both nations are actively engaging in key areas including trade in goods, trade in services, and rules of origin. The discussions aim to address remaining issues and accelerate the early conclusion of the FTA, reinforcing commitments made during earlier diplomatic exchanges.
High-Level Engagement and Future Outlook
The negotiations follow Prime Minister Narendra Modi’s guidance, emphasizing India’s strategic move to diversify its trade partnerships amid global trade shifts. The negotiations come after Transport Minister Shri Piyush Goyal’s earlier visits to Australia and regional talks, indicating India’s focus on expanding trade agreements with like-minded nations for sustained economic growth.
Significance of the Negotiations
India’s bilateral trade with New Zealand has surged by approximately 49% over the past year, reaching USD 1.3 billion in 2024–25. The proposed FTA aims to further boost this momentum by liberalizing trade in pharmaceuticals, textiles, agricultural products, and technology, while reducing tariffs to foster investment and supply chain resilience.
Moving Towards an Inclusive Trade Framework
Both sides are committed to creating a forward-looking and inclusive trade structure that supports shared prosperity. The upcoming negotiations are expected to clarify final terms, reduce barriers, and deepen economic integration, aligning with India’s broader strategy of diverse trade engagement.
Conclusion
As the fourth round of India–New Zealand FTA negotiations kicks off, optimism is high that both countries will reach a favorable agreement soon. The talks underline India’s resolve to strengthen global trade partnerships and expand its economic reach through strategic, mutually beneficial accords.
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Source: PIB
