India, New Zealand adopt Strategic Partnership Roadmap to 2030 with trade target of NZ$7 billion
The leaders also backed a balanced free trade agreement and a roadmap to 2030, aiming to double two-way trade to NZ$7 billion.
- On Saturday, Indian Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon elevated bilateral relations to a "strategic partnership" during talks in Auckland, reflecting shared democratic values and Indo-Pacific interests.
- Modi's visit, the first by an Indian Prime Minister to New Zealand in 40 years, comes amid coalition tensions over the bilateral free-trade agreement that Modi said has "revitalised ties" between the nations.
- Modi described the India-New Zealand Free Trade Agreement as a "historic milestone" in bilateral relations, while both countries agreed to "work towards an aspirational goal of doubling bilateral two-way trade in goods and services to NZD 7 billion by 2030."
- The leaders endorsed the "India-New Zealand Strategic Partnership: Roadmap to 2030" as a framework to guide joint action over the next four years, while signing a Memorandum of Arrangement on Tourism to encourage direct flights.
- Modi is scheduled to address an Indian diaspora event at an Auckland arena later today, as New Zealand officials pledged support for India's "Viksit Bharat goal" to become a developed country by 2047.
82 Articles
82 Articles
India-New Zealand elevate ties to Strategic Partnership
Auckland: Prime Minister Narendra Modi on July 11, Saturday was accorded a Guard of Honour during his ceremonial welcome at the Government House in New Zealand’s Auckland. PM Modi also held bilateral talks with his Kiwi counterpart, Christopher Luxon and reviewed the entire gamut of the bilateral relationship, which has seen significant progress in the last two years, especially in the areas of trade, commerce and defence. The Prime Minister als…
(Hanoi=Yonhap News) Correspondent Park Jin-hyung = India and New Zealand, which recently signed a Free Trade Agreement (FTA), held a summit on the 11th (local time) and [discussed] bilateral relations as strategic...
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