Goyal: India, NZ working on ‘mutually beneficial’ FTA

New Delhi : India and New Zealand are working to finalize a wider and mutually beneficial free trade agreement (FTA), Commerce and Industry Piyush Goyal said on Tuesday, and called for a strong growth in bilateral trade in the next decade.
The two countries decided to resume the conversation for a free trade agreement on Saturday after a 10 -year gap, aimed at deepening the economic relations against the background of geopolitical stress.
Goyal contributed to business leaders of both countries to achieve this goal.
“There is hardly any area where we compete with each other, and some areas of sensitivity can be navigated with mutual respect.
New Zealand Prime Minister Christopher Luxon emphasized the need to detect new frontiers and regions, where New Zealand has a competitive advantage.
“I feel incredibly optimistic about the future of both India and New Zealand.