June 27, 2011 5:50 PM

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India-NZ PM discussions: Focus on strengthening business ties

Concluding a free-trade agreement by 2012 to push business ties will be the focus of discussions between the Prime Minister Dr. Manmohan Singh and his visiting New Zealand counterpart John Key in New Delhi on Tuesday. External Affairs Ministry Spokesperson Vishnu Prakash told reporters that several agreements are expected to be signed after the talks at Hyderabad House and a joint statement is also expected. The two leaders will also discuss regional, multilateral and bilateral issues of mutual interest. Mr. Key, who reached New Delhi on Sunday, will also exchange views with the captains of Industry in New Delhi and Mumbai to strengthen bilateral economic partnership. The spokesman said, trade between the two countries is 1.26 billion New Zealand Dollars and the two countries are of the view that full potential of the trade ties is yet to be realised.India and New Zealand are also eager to establish greater cooperation in the areas of Information and Technology, Agriculture, Food Processing and Dairy Farming. Mr. Key is being accompanied by Trade Minister and a high level business delegation. During the visit, Mr Key will call on President Pratibha Devisingh Patil, Vice-President Hamid Ansari and hold talks with UPA chairperson Sonia Gandhi. He will also have meetings with External Affairs Minister S M Krishna and Leader of Opposition in Lok Sabha Sushma Swaraj. Mr. Key on Monday visited historic Taj Mahal in Agra.

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