India and New Zealand are entering a promising phase in their bilateral relations as both nations move closer to finalising a Free Trade Agreement (FTA) aimed at boosting economic and aviation ties.
Productive Fourth Round of Talks
The fourth round of negotiations took place in early November 2025 during Indian Commerce Minister Piyush Goyal’s visit to New Zealand. Talks held in Auckland and Rotorua showed strong optimism, with both sides confident that the deal will be finalised soon.
Protecting Key Sectors While Expanding Trade
Officials from both nations agreed to protect sensitive sectors while encouraging trade in goods and services. Bilateral trade touched USD 1.3 billion in 2024–25, showing steady growth and potential for major expansion once the FTA is signed.
Aviation Cooperation Gains Momentum
Aviation is emerging as the most promising area of collaboration. Air India and Air New Zealand are planning to launch direct flights by 2028, which will cut travel time, expand tourism, and enhance business links between the two countries.
Strong Optimism for Partnership
During his visit, Piyush Goyal met Air New Zealand CEO Nikhil Ravishankar to discuss partnerships in India’s growing aviation sector. The meeting reflected shared optimism and a mutual goal to strengthen economic and travel connections.
Defining Milestone Ahead
If progress continues smoothly, the FTA will mark a historic milestone in India–New Zealand relations, deepening trade, travel, and cooperation for the next generation of both nations.
