July 11, 2026: India and New Zealand on Saturday elevated their ties to a strategic partnership and set a five-year target to double their annual bilateral trade in goods and services to Rs.35,000 crore by 2030 following talks between Prime Minister Narendra Modi and his Kiwi counterpart Christopher Luxon.
A joint statement noted that Mr. Modi and Mr. Luxon exchanged views on the Indo-Pacific, reaffirming their shared commitment to a free, open, and prosperous region. They also emphasised the importance of safeguarding sovereignty, territorial integrity, and the rules-based international order.
The visit came following the recent signing of the India–New Zealand Free Trade Agreement (FTA).
The two Prime Ministers agreed to work towards an aspirational goal of doubling bilateral two-way trade in goods and services to 7 billion New Zealand dollars or approximately RS.35,000 crore, by 2030.
India, New Zealand elevate ties to strategic partnership; target 35,000 crore trade by 2030
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