With New Zealand emerging as one of the hot destinations for India’s exports during the recent recessionary period, both countries have started negotiations for a Free Trade Agreement (FTA) to expand further their relationship.
The decision to start FTA talks was taken at a meeting Union Commerce and Industry Minister Anand Sharma had with New Zealand’s Trade Minister Tim Groser at the World Economic Forum in Davos recently. The issue had been pending since March last year after the New Zealand Government had given the go ahead for the FTA negotiations.Commerce Ministry officials said New Zealand was keen on FTA as its businesses wanted …
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Tags: Free Trade Agreement, FTA, India, new zealand
