<span style="color: #222222;">New Zealand's High Commissioner to India, David Pine has said that both India and News Zealand are working to address the trade barriers between that two and find ways to stimulate the demands. The bilateral trade between India and New Zealand stood at 1 billion US Dollars in 2022-23. India is New Zealand's 11th largest trading partner. He said that the current focus is on bringing together the business groups of two countries so that they can identify the opportunity for trade. India primarily imports logs and forestry products, wood pulp, wool and edible fruit and nuts from New Zealand. Indian exports to New Zealand include pharmaceuticals and medications, precious metals and gems, textiles and motor vehicles and non-knitted apparel and accessories. <br />''<br />''The High Commissioner informed that India and New Zealand's joint trade committee will meet soon in New Zealand to further discuss the matter of trade barriers. The Joint Trade Committee (JTC) was established under the 1986 India-New Zealand Trade Agreement. Last year, in December, Union Minister of Commerce Piyush Goyal held a bilateral meeting with his New Zealand counterpart Todd McClay to further boost trade relations between India and New Zealand and explore opportunities for mutual growth and cooperation.&nbsp;</span><br />
News On AIR | February 14, 2024 12:47 PM
New Zealand's High Commissioner to India say, current focus is on bringing together business groups of two countries so that they can identify opportunity for trade