Articles tagged with Piyush Goyal

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New Zealand and India Sign Historic Free Trade Agreement Boosting Jobs and Exports

New Zealand and India have signed a landmark Free Trade Agreement (FTA) that eliminates or reduces tariffs on 95% of New Zealand’s exports, boosting job creation, economic growth, and export diversification. Key benefits include immediate duty-free access to major products like sheep meat, wool, seafood, and forestry exports, as well as significant tariff cuts on kiwifruit, wine, mānuka honey, and dairy, with many tariffs phased out over a period of up to ten years. The agreement also activates a parliamentary review process and includes a Most Favoured Nation clause, ensuring New Zealand exporters gain enhanced market access comparable to that of the European Union.

New Zealand-India Free Trade Agreement Signed to Boost Exports and Trade Growth

Trade and Investment Minister Todd McClay is traveling to New Delhi to sign the New Zealand–India Free Trade Agreement (FTA), which aims to enhance trade by eliminating or reducing tariffs on the majority of New Zealand exports, including key products like sheep meat, seafood, fruits, and industrial goods. This landmark agreement supports New Zealand's goal to double export value within 10 years by providing duty-free or reduced-tariff access to a wide range of products and services in one of the world's fastest-growing economies. Additionally, McClay will participate in Anzac Day commemorations and a joint business summit, while also promoting trade and investment activities in Singapore.

New Zealand-India Free Trade Agreement: A Landmark Deal Boosting Exports and Jobs

Prime Minister Christopher Luxon hailed the conclusion of the India-New Zealand Free Trade Agreement as a landmark achievement that fulfills a key campaign promise and opens significant opportunities for New Zealand exporters by removing tariffs on over half of exports to India. The agreement strengthens ties with India, the world's fastest-growing major economy, promising job creation, export growth, and a deeper partnership between the two nations. Extensive diplomatic engagement, including multiple high-level visits and trade missions, contributed to securing this high-quality deal that Prime Minister Modi also supports enthusiastically.

New Zealand Seeks High-Quality Free Trade Agreement with India to Boost Exports

Trade and Investment Minister Todd McClay is leading negotiations on a Free Trade Agreement (FTA) with India to secure better market access for New Zealand exporters, who are currently disadvantaged compared to competitors like Australia. Since the launch of talks earlier this year, there has been strong engagement between the two countries, with multiple high-level visits and discussions emphasizing the importance of a comprehensive deal. The FTA aims to create jobs, boost export revenue, and support New Zealand’s economic growth while maintaining the country’s legislative sovereignty.

New Zealand Strengthens Forestry Trade with India in Successful Mission 2025

New Zealand’s forestry and wood-processing sector led a successful trade mission to India, aiming to expand growth opportunities and strengthen market ties. The mission produced tangible results under the Forestry Cooperation agreement, enhanced understanding of India’s forestry policies, and highlighted New Zealand’s premium timber products suited for India’s urbanization and sustainable construction. A return Indian forestry delegation will visit New Zealand in February 2026 to further develop the bilateral partnership and deepen strategic relations.

Trade Minister Todd McClay's Global Tour to Boost NZ Trade Relations

Minister for Trade and Investment Todd McClay embarked on a trip to China, the UAE, India, Singapore, and Australia to enhance trade relations and advocate for New Zealand's interests globally. In China, he led a trade mission at the China International Import Expo and emphasized New Zealand's 'Grass-Fed' standard, highlighting the significance of the trade relationship with China as the largest trading partner. The Minister engaged in various meetings and trade negotiations in the UAE, India, Singapore, and Australia, aiming to strengthen economic ties and achieve the government's goal of doubling export value over a decade to boost job opportunities and incomes in New Zealand.

India's Commerce Minister Piyush Goyal Accelerates Trade Talks with New Zealand

India’s Commerce and Industry Minister Piyush Goyal and a large trade delegation visited New Zealand, deepening business ties and accelerating trade talks with Trade and Investment Minister Todd McClay. The visit included high-level meetings, engagements with the New Zealand Indian community, and discussions to advance negotiations for a free trade agreement (FTA) between the two countries. Both sides are committed to securing a balanced and ambitious FTA that will benefit their trade relationship and provide access to the growing Indian economy.

Indian Minister Piyush Goyal Strengthens New Zealand-India Trade Ties

Indian Minister of Commerce and Industry Piyush Goyal will visit New Zealand to strengthen trade ties, reflecting the deepening relationship between the two countries over the past two years. The visit underscores the commitment of both governments to building a strategic and enduring partnership, with a focus on expanding trade and investment opportunities. Minister Goyal's agenda includes attending a business summit, engaging with the New Zealand-Indian community, visiting businesses in Rotorua, and discussing Free Trade Agreement negotiations with Trade and Investment Minister Todd McClay.