Current round of India-New Zealand FTA talks to end Fri, next round in Nov
This story was originally published at 18:52 IST on 15 October 2025
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--Govt: To hold next round of India-New Zealand FTA talks in Nov
--Govt: Round of India-New Zealand FTA talks underway currently
--Govt: To hold next round of FTA talks with Peru on Nov 3-5
--Govt: To hold next round of FTA talks with Chile on Oct 27-31
NEW DELHI – Discussions on a free trade agreement currently underway between India and New Zealand in New Delhi will conclude Friday. The talks began Monday. The next round of negotiations will be held in November, the commerce ministry said Wednesday.
New Zealand and India restarted talks on a free trade agreement in March, a decade after the first round of negotiations fell through. The two nations had first started working on the agreement in April 2010, but the talks stalled in February 2015 because of disagreements over market access and trade priorities. The two sides have held three rounds of talks so far.
India will hold the next round of negotiations for a free trade agreement with Peru from Nov. 3 to Nov. 5, the commerce ministry said. India has also scheduled the next round of negotiations with another Latin American nation, Chile, from Oct. 27 to Oct. 31.
Peru is the first Latin American country to discuss a free trade agreement with India. India imported goods worth $4.98 billion from Peru in the financial year 2024-25 (Apr-Mar), which was not even 1% of India's total imports for the year. The top goods imported by India from Peru included precious metals, iron and steel, and aluminium.
Currently, India has preferential trade pacts with Chile and the MERCOSUR bloc comprising Argentina, Brazil, Bolivia, Uruguay, and Paraguay. The ministry is in discussions with Chile to expand the preferential agreement into a free trade agreement. India's total trade with Chile in FY25 was $3.76 billion, with exports amounting to $1.15 billion and imports to $2.60 billion. End
US$1 = INR 88.08
Reported by Krity Ambey
Edited by Subhojit Sarkar
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