India, New Zealand discuss ways to fast-track FTA talks

Key Points

1. India and New Zealand discussed fast-tracking FTA negotiations on December 12, 2025.
2. New Zealand Trade Minister Todd McClay met with India's Commerce and Industry Minister Piyush Goyal.
3. The India-New Zealand FTA talks were formally launched on March 16, 2025.
4. Four rounds of talks have been completed as of December 2025.
5. India's bilateral merchandise trade with New Zealand was $1.3 billion in 2024-25.
6. Trade between India and New Zealand grew by nearly 49% in 2024-25 compared to the previous year.
7. India and New Zealand began negotiating the Comprehensive Economic Cooperation Agreement (CECA) in April 2010, but talks stalled in 2015.
8. New Zealand's average import tariff is 2.3%.