First round of India–New Zealand FTA negotiations concludes in New Delhi
The first round of negotiations for the India–New Zealand Free Trade Agreement, held in New Delhi from 5 to 9 May 2025, concluded on 9 May; the next round was set for July 2025.
Summary
The first round of India–New Zealand Free Trade Agreement (FTA) negotiations concluded in New Delhi on 9 May 2025, after talks from 5 to 9 May covering trade in goods and services, trade facilitation and economic cooperation. The FTA was launched on 16 March 2025 by Commerce and Industry Minister Piyush Goyal and New Zealand's Minister for Trade and Investment Todd McClay, during the visit of New Zealand Prime Minister Christopher Luxon. Bilateral merchandise trade reached USD 1.3 billion in 2024–25, up 48.6% over the previous year. Both sides aim to conclude the FTA this year; the next round was set for July 2025.
Key facts
- Round 1
- 5–9 May 2025, New Delhi
- FTA launched
- 16 March 2025 (Piyush Goyal and Todd McClay)
- Merchandise trade 2024–25
- USD 1.3 billion, up 48.6%
- Next round
- July 2025
Practice MCQs 3 questions
On which date was the India–New Zealand FTA launched by Piyush Goyal and Todd McClay?
Show answer
Correct answer: A — 16 March 2025
The FTA was launched on 16 March 2025; the first round was held from 5 to 9 May 2025.
Consider the following statements: 1. The first round of India–New Zealand FTA negotiations was held from 5 to 9 May 2025 in New Delhi. 2. India–New Zealand merchandise trade reached USD 1.3 billion in 2024–25, a growth of 48.6%. Which of the statements given above is/are correct?
Show answer
Correct answer: C — Both 1 and 2
Both are correct as per the Commerce Ministry release.
Who is New Zealand's Minister for Trade and Investment who launched the FTA with Piyush Goyal?
Show answer
Correct answer: B — Todd McClay
Todd McClay is New Zealand's Minister for Trade and Investment; Christopher Luxon is New Zealand's Prime Minister.