Prime Minister of New Zealand pays an official visit to India | Current Affairs | Vision IAS
News Today Logo

Prime Minister of New Zealand pays an official visit to India

Posted 18 Mar 2025

2 min read

Both countries reaffirmed to further strengthen growing bilateral relationships and agreed to cooperate in diverse areas of trade, defence etc.

Key outcomes:-

  • Launch of negotiations for Free Trade Agreement (FTA): for mutually beneficial trade agreement and early implementation of cooperation in the digital payments sector.
  • Launch of negotiations on Mobility Arrangements for Professionals & Skilled Workers: to support engagement in sectors of innovation, new & emerging technologies.
  • New Zealand also joined the Indo-Pacific Oceans’ Initiative (IPOI) & Coalition for Disaster Resilient Infrastructure (CDRI).
    • IPOI was launched by India at 14th East Asia Summit (EAS) in 2019 aimed at regional cooperation & focuses on safety, security and stability of maritime domain.
    • CDRI was launched by India at the United Nations Climate Action Summit in 2019 aims to promote resilience of new and existing infrastructure systems to climate and disaster risks.
  • Bilateral documents were also signed on Defence, Authorized Economic Operator - Mutual Recognition Agreement (AEO-MRA), cooperation in fields of Forestry, Education, Sports, Horticulture etc.

India New Zealand (NZ) Relations

  • Bilateral Trade: US$ 1.75 billion (2023-24). India has a trade surplus of 0.07 billion USD
    • India imports wool, Iron & Steel, fruit & nuts and aluminium
    • India exports pharmaceuticals/medications, mechanical machinery, pearls, precious stones & metals
  • People to People & cultural ties: 
    • ~8,000 Indian students are pursuing higher education in New Zealand.
    • Close sporting links exist particularly in cricket, hockey & mountaineering
  • Defence Cooperation: 
    • It includes visits of the Chief of Naval Staff, port calls,  Customs Cooperative Arrangement 2024 (against transnational organized crime) etc.
  • Tags :
  • India-New Zealand
Watch News Today
Subscribe for Premium Features