Prime Minister addresses business leaders in New Zealand
Prime Minister Narendra Modi met New Zealand business leaders in Wellington and linked a proposed India–New Zealand free trade agreement to wider trade and investment opportunities.
AI generated- Prime Minister Narendra Modi described the proposed India–New Zealand Free Trade Agreement as a landmark for bilateral economic ties.
- The release states a target of doubling India–New Zealand bilateral trade to NZD 7 billion by 2030.
- Prime Minister Narendra Modi and Prime Minister Christopher Luxon interacted with a select group of CEOs and business leaders.
- The release identifies infrastructure, civil aviation, logistics, clean energy, urban mobility, water management, waste management and the digital economy as sectors for New Zealand investment.
Prime Minister Narendra Modi met a select group of CEOs and business leaders in New Zealand along with Prime Minister Christopher Luxon. The engagement focused on expanding India–New Zealand economic ties and on the proposed India–New Zealand Free Trade Agreement (FTA).
The Prime Minister said the two countries share democratic values, respect for the rule of law, diversity and a commitment to sustainable development. He presented these as the basis for a more ambitious economic partnership.
What the Prime Minister highlighted
UPSC may ask how a free trade agreement can expand market access, services trade, investment and technology cooperation, while also examining the balance between strategic diplomacy and sector-specific domestic interests such as dairy, agri-business and services.
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