The talks, which began on Monday, saw constructive discussions across all areas of the agreement, the commerce and industry ministry said, adding that the next round of in-person negotiations is slated for October 13-14 in New Delhi. “Several chapters were concluded and significant progress was achieved in other key domains…Both sides agreed to maintain momentum through inter-sessional engagements,” the ministry said. Both countries began formal FTA negotiations on March 16.
During the talks, both sides reaffirmed their shared commitment to bolster economic ties and work towards the early conclusion of a balanced and mutually beneficial agreement. India’s bilateral merchandise trade with New Zealand grew 49% in FY25 to $1.3 billion in FY25.
The proposed FTA is expected to further boost trade flows, promote investment linkages, strengthen supply chain resilience, and create a predictable framework for businesses in both countries, the ministry said.