Current Affairs - International - Discussion

India and New Zealand have officially launched negotiations for a comprehensive Free Trade Agreement (FTA) to strengthen their bilateral relations and boost economic cooperation. This agreement aims to enhance supply chain integration, expand market access, and promote economic resilience for both nations. The FTA negotiations were announced in March 2025 during a meeting between Indian Commerce Minister Piyush Goyal and New Zealand Trade Minister Todd McClay. This agreement marks India's second FTA in the Oceania region, following the India-Australia Economic Cooperation and Trade Agreement signed in 2022.