India, New Zealand elevate ties to strategic partnership; target Rs 35,000 cr trade by 2030

AUCKLAND: (Jul 11) 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.

The meeting yielded 18 concrete outcomes, including 10 agreements. Key among them were a roadmap to expand ties in the next four years, a framework for enhancing Indo-Pacific maritime cooperation, and a reciprocal logistics support pact between the Indian Navy and the New Zealand Defence Force.

“We have decided to elevate our ties to a Strategic Partnership. We will move forward across every sector with clear goals and concrete outcomes,” Modi said after the talks.