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11 Jul 2026


India, New Zealand seal ₹35,000-cr trade goal

Strategic partnership roadmap expands cooperation in trade, defence, technology and education by 2030

India and New Zealand have upgraded their bilateral relationship to a Strategic Partnership, setting an ambitious target to raise two-way trade to ₹35,000 crore (NZ$7 billion) by 2030. The announcement came after talks between Prime Minister Narendra Modi and his New Zealand counterpart Christopher Luxon, who also unveiled a Strategic Partnership Roadmap to 2030.

The roadmap charts a broader partnership that goes beyond trade, focusing on defence, maritime security, technology, education, agriculture, clean energy and innovation. Both leaders said the strengthened relationship reflects growing trust and a shared vision for long-term cooperation.

Trade remains at the heart of the new partnership. The two countries expect the recently signed India-New Zealand Free Trade Agreement to boost exports, improve market access and encourage investments, creating fresh opportunities for businesses in both nations.

Defence cooperation will also receive a major push. India and New Zealand agreed to deepen collaboration in maritime security, cyber security and counter-terrorism while working together to promote a free, open and inclusive Indo-Pacific region.

The roadmap also encourages closer collaboration in emerging technologies, artificial intelligence, digital innovation, research and higher education. Both governments said stronger links between businesses, universities and research institutions would help drive innovation and create opportunities for young professionals.

People-to-people ties are another key focus area. The leaders acknowledged the contribution of the Indian community in New Zealand in strengthening bilateral relations and pledged to expand cooperation in tourism, education, sports and cultural exchanges.

Calling the agreement a new chapter in bilateral ties, both countries expressed confidence that the Strategic Partnership will deepen economic engagement while addressing regional and global challenges together. With a clear roadmap in place until 2030, India and New Zealand aim to build a stronger, more resilient relationship that benefits businesses, students and citizens alike.

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