City
Epaper

New Zealand initiates trade negotiations with India

By ANI | Updated: May 9, 2025 17:12 IST

Wellington [New Zealand], May 9 : New Zealand Prime Minister Christopher Luxon has highlighted India's importance to Wellington's prosperity, ...

Open in App

Wellington [New Zealand], May 9 : New Zealand Prime Minister Christopher Luxon has highlighted India's importance to Wellington's prosperity, security, and society and emphasised the economic opportunities India presents and announced the start of trade negotiations with India, aiming to boost both economies.

{{{{twitter_post_id####}}}}

While adressing the India New Zealand Business Council (INZBC) event on Friday, Luxon said, "India is a country of huge importance to New Zealand's prosperity, security and society. And India provides huge economic opportunity for Kiwis too."

"This week, we've begun trade negotiations with India in an effort to grow both of our economies," he stated

The goal is to create jobs, increase wages, and support cost-of-living efforts. "When we do that, we create jobs, lift wages and put more money in people's back pockets - my total focus is to help you with the cost of living. Was great to reflect on this and on my visit to India at the India-NZ Business Council's Summit this morning," Luxon added.

Earlier, Union Minister of State for External Affairs, Pabitra Margherita, called Luxon on the sidelines of the India-New Zealand Business Council (INZBC) event.

The two leaders explored ways to take the partnership forward and strengthen bilateral ties in various sectors.

In a post shared on X, Margherita stated, "Honoured to call on Rt Hon @chrisluxonmp, New Zealand PM, on the sidelines of INZBC event. Explored ways to take forward the India-New Zealand partnership in strengthening our bilateral ties across various sectors."

Margherita also addressed the INZBC Summit 2025 alongside Luxon and New Zealand's Deputy PM Winston Peters in Auckland, where he mentioned that the event's theme was 'Boardroom to Border leadership dialogue.

On Thursday, Pabitra Margherita met with New Zealand's Trade and Agriculture Minister Todd McClay. The two leaders discussed ways to advance the trade partnership between the two nations.

Pabitra Margherita arrived in Auckland for his two-day visit to New Zealand on Thursday. Upon arrival in Auckland, Margherita said that he looked forward to engagements with New Zealand's senior dignitaries.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalRajnath Singh, CM Mohan Yadav to inaugurate National Agricultural Fair in Raisen today

NationalVande Bharat trains drive demand for new era of Modern Rail Travel

International"Goodwill but no trust": Iranian delegates in Islamabad for peace talks with US

InternationalGround Control to Major Tom: Artemis II crew splashes down after historic Moon mission

NationalBJP MLA Ashok Dinda's associate detained with cash, gold in West Bengal

International Realted Stories

International"Pakistan is not a good-faith actor...": Former Israeli Spokesperson on Pak Defence Minister's remarks

International"India an important member of Pax Silica": US Under Secy Helberg pushes pro-innovation AI framework in meet with Misri

International"Iran didn't start this war": Representative of Supreme Leader Abdul Majid Hakeem Ilahi

InternationalOver 8.4 lakh Indians returned from Gulf since February 28, says MEA; Airspace disruptions continue across region

InternationalTrump to Vance: "I wish them luck," says US will open Hormuz "with or without" Iran