India, New Zealand Discuss Fast-Tracking FTA Talks

• India and New Zealand discussed accelerating negotiations for a proposed Free Trade Agreement (FTA).
• New Zealand Trade Minister Todd McClay met with Indian Commerce Minister Piyush Goyal to review negotiation progress.
• The proposed FTA aims to boost bilateral trade, investment, and strengthen supply chain resilience.
• Bilateral merchandise trade between the two nations reached USD 1.3 billion in 2024-25, marking a 49% growth.
• Previous Comprehensive Economic Cooperation Agreement (CECA) talks between India and New Zealand stalled in 2015.

Why It Matters: Accelerated FTA talks could significantly boost India-New Zealand trade and investment.