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India–New Zealand trade seen expanding with proposed free trade pact
India expects trade with New Zealand to double within five years post-FTA, expanding opportunities across dairy, technology and services sectors.
Bilateral trade between India and New Zealand is expected to double within five years following the conclusion of a proposed free trade agreement, according to Commerce Minister Piyush Goyal. Current trade stands at roughly $1.5–2 billion annually. The agreement is expected to open opportunities in dairy, technology and services, supporting India’s export diversification amid shifting global supply chains.