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India, New Zealand Elevate Bilateral Ties to Strategic Partnership, Target Rs. 35,000 Crore Trade by 2030

Auckland: India and New Zealand have elevated their bilateral relationship to a Strategic Partnership, marking a significant milestone in diplomatic and economic ties. The decision was announced following talks between Prime Minister Narendra Modi and New Zealand Prime Minister Christopher Luxon in Auckland during the final leg of PM Modi’s three-nation tour. The two leaders also set an ambitious target of doubling annual bilateral trade in goods and services to ₹35,000 crore (around NZ$7 billion) by 2030.

The high-level meeting produced 18 concrete outcomes, including the signing of 10 agreements aimed at strengthening cooperation across trade, defence, maritime security, and regional affairs. Among the key outcomes were a comprehensive roadmap for expanding bilateral cooperation over the next four years, a framework to enhance Indo-Pacific maritime collaboration, and a reciprocal logistics support agreement between the Indian Navy and the New Zealand Defence Force.

The leaders reaffirmed their commitment to maintaining a free, open, inclusive, and prosperous Indo-Pacific, highlighting the importance of preserving sovereignty, territorial integrity, and a rules-based international order. According to the joint statement issued after the talks, both sides stressed the need for freedom of navigation and overflight in accordance with international law, particularly the 1982 United Nations Convention on the Law of the Sea (UNCLOS).

To further strengthen regional security cooperation, India and New Zealand agreed to establish a dedicated Maritime Security Dialogue. The mechanism will facilitate closer coordination, information sharing, and discussions on maritime challenges affecting the Indo-Pacific region.

Prime Minister Modi described the growing partnership as an important pillar of regional stability, stating that cooperation between the two maritime nations would inject fresh momentum into efforts aimed at ensuring peace and prosperity across the Indo-Pacific. He also expressed confidence that stronger bilateral ties would contribute significantly to shared regional objectives.

The visit comes shortly after the signing of the India-New Zealand Free Trade Agreement (FTA), which is expected to substantially boost trade and investment between the two countries. Both leaders agreed to work towards the early implementation of the agreement while pursuing their shared objective of doubling bilateral trade within the next five years.

Apart from economic cooperation, discussions also covered pressing global issues. The two Prime Ministers expressed concern over the renewed escalation of tensions in West Asia and called on all parties to exercise restraint, reduce hostilities, and ensure the protection of civilians. They also underlined the importance of restoring uninterrupted freedom of navigation and the global flow of commerce through the Strait of Hormuz, while opposing any restrictions on international shipping.

The leaders reiterated that dialogue, diplomacy, and adherence to international law remain essential for achieving a peaceful and lasting resolution to ongoing conflicts. They further endorsed the need for bold and effective reforms of the United Nations, reaffirming support for the expansion of the UN Security Council to make it more representative of contemporary global realities.

The elevation of India-New Zealand relations to a Strategic Partnership is expected to open new avenues for cooperation in trade, defence, connectivity, maritime security, and multilateral engagement, reflecting the growing convergence between the two democracies on regional and global issues.

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