Pact with New Zealand could boost trade 10-fold in 10 years, says trade minister Piyush GoyalThe pact could expand trade in farm products, critical minerals, pharmaceuticals, and tourism, he said at a gathering of business leaders.
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Piyush Goyal with New Zealand minister Todd McClay.
Credit: X/ @PiyushGoyal
New Delhi: The proposed free trade agreement between India and New Zealand could expand bilateral trade by 10 times in 10 years, India's Trade Minister Piyush Goyal said on Tuesday.
The pact could expand trade in farm products, critical minerals, pharmaceuticals, and tourism, he said at a gathering of business leaders.
India and New Zealand have started negotiations for a free trade agreement after a decade-long hiatus, following a meeting between Prime Minister Narendra Modi and New Zealand's Prime Minister Christopher Luxon, who is on a visit to India.