News Minimalist logo

News Minimalist

All news ranked by significance

New Zealand seeks trade deal with India

scmp.com —

India is actively working on trade agreements with several countries, including the UK and the EU. This push is driven by India's goal for export-led growth and worries about U.S. trade policies. On Tuesday, New Zealand Prime Minister Chris Luxon announced his country’s interest in finalizing a long-delayed trade deal with India. He met with Indian officials in New Delhi to discuss this. Bilateral trade between the two nations has seen a significant increase, growing by over 30% last year and reaching $1.2 billion in 2024. A free-trade agreement could enhance cooperation in various sectors, including agriculture, aerospace, pharmaceuticals, and renewable energy. Indian Trade Minister Piyush Goyal believes that trade could increase tenfold between the countries in the next ten years. However, past negotiations faced challenges, particularly regarding India's dairy sector. India has been cautious about opening its markets in this area. Soumya Bhowmick, a researcher, noted that these protective measures are intended to safeguard local farmers from international competition.

With a significance score of 4, this news ranks in the top 9% of today's 18044 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.

More on this topic:

    [4.9]
    India considers easing barriers for Chinese investments (indianexpress.com)
    24h
    LinkSource
    [4.8]
    India balances fossil fuels and renewable energy growth (channelnewsasia.com)
    1h
    LinkSource
    [4.5]
    India seeks critical minerals in trade deal with US (livemint.com)
    1d 5h
    LinkSource
    [4.4]
    India aims for $300 billion biopharma economy by 2030 (hindustantimes.com)
    18h
    LinkSource
    [3.9]
    US tariffs may boost India's local production efforts (economictimes.indiatimes.com)
    1d 2h
    LinkSource
    [3.6]
    India-EU FTA benefits German industries and investments (timesofindia.indiatimes.com)
    1d 11h
    LinkSource
    [3.5]
    India seeks zero duties on solar products with US (economictimes.indiatimes.com)
    1h
    LinkSource
    [3.4]
    India seeks stronger cyber ties with Baltic states (timesnownews.com)
    1d 17h
    LinkSource
    [3.2]
    India's Defence Acquisition Council approves Rs 54,000 crore deals (timesnownews.com)
    24h
    LinkSource
    [3.1]
    ITL shifts tractor exports from US to India (economictimes.indiatimes.com)
    1d 11h
    LinkSource

Timeline:

    [4.0]
    New Zealand seeks trade deal with India (scmp.com)
    2d 22h
    Source