Ficci president: The India–New Zealand FTA is about a lot more than expanding bilateral trade
New Zealand’s total import market was placed at around $47.5 billion in 2025, with India’s share at just about 2%, much lower than major partners such as China, Australia, the US, South Korea and Japan, which together account for over half of its import basket. Most of them (barring US) already have FTAs with New Zealand, giving them preferential market access and a structural advantage.
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