Prime Minister John Key is currently in India on an official visit.
His goal is to try and secure business between India and New Zealand. He is leading a large team of NZ business people to the the world’s second largest country.
Yesterday, John Key met with Indian Prime Minister Narendra Modi, where he pushed for a free trade deal between the two countries.
Free trade talks between New Zealand and India started in 2011 and after 10 rounds of negotiations the process has stalled. It is hoped these talks could ignite discussions.
India, which by 2026 will become the most populous country in the world, could become an important trader with New Zealand goods.
Currently, New Zealand doesn’t export a lot of dairy products to India. They have a policy that puts an extra 33.5 percent tariff on dairy products. If these tariffs could be taken away this would help New Zealand exporters.
One Response
wow im an indian and i am so glad to know this because in live in NZ(new zealnd)