- India and New Zealand are relaunching FTA negotiations after a 10-year hiatus to deepen economic ties.
- Commerce ministers from both countries aim to achieve a comprehensive and mutually beneficial FTA.
- Bilateral trade surpassed $1 billion in April-January 2025, prompting the push for new business opportunities.
- Talks stalled previously due to disagreements over market access and trade priorities.
- India faces challenges due to higher average tariffs compared to New Zealand’s lower tariff structure.
