PM Modi holds bilateral talks with his New Zealand counterpart Luxon

NEW DELHI: Prime Minister Narendra Modi held bilateral talks with his New Zealand counterpart Christopher Luxon.
They reaffirmed their shared desire to further strengthen the growing bilateral relationship between India and New Zealand which is anchored in shared democratic values and robust people-to-people ties. Both leaders recognized that there remains significant potential for further growth in the bilateral relationship and agreed to cooperate closely in diverse areas, including trade and investment, defence and security, education and research, science and technology, agri-tech, space, mobility of people and sports.
They exchanged views on regional and global developments of mutual interest and agreed to strengthen multilateral cooperation. The Prime Ministers recognised that we face an increasingly uncertain and dangerous world. They noted that, as maritime nations, India and New Zealand have a strong and common interest in an open, inclusive, stable and prosperous Indo-Pacific, where the rules-based international order is upheld.
The PMs reaffirmed the right of freedom of navigation and overflight and other lawful uses of the seas in accordance with international law, particularly the 1982 United Nations Convention on the Law of the Sea (UNCLOS). The Prime Ministers reaffirmed the need to pursue peaceful resolution of disputes in accordance with international law, particularly UNCLOS.
They noted with satisfaction the strong connections between the people of the two countries, with Indian-origin people making up almost six percent of New Zealand’s population. They appreciated the significant contribution of the Indian diaspora in New Zealand and their positive role in facilitating people-to-people ties between the two countries. Both leaders agreed on the significance of ensuring the safety and security of the Indian community, including students, in New Zealand, and of New Zealanders in India and visitors to India.
The two leaders welcomed sustained trade and investment flows between India and New Zealand and called for further exploring the potential to expand bilateral trade. They encouraged businesses on both sides to cultivate links; explore emerging economic and investment opportunities to build upon the complementarities of the two economies.
They called for greater two-way investment, reflective of the ongoing strong momentum in bilateral cooperation.
The PMs agreed to enhance the trade and investment relationship between India and New Zealand to realise its untapped potential and to contribute to inclusive and sustainable economic growth.
Both the leaders welcomed the launch of FTA negotiations for a balanced, ambitious, comprehensive, and mutually beneficial trade agreement to achieve deeper economic integration. The Leaders agreed that a comprehensive trade agreement offers a significant opportunity to enhance trade and economic cooperation. By leveraging each country's strengths, addressing their respective concerns, and tackling challenges, a bilateral trade agreement can foster mutually beneficial trade and investment growth, ensuring equitable gains and complementarities for both sides. The Leaders committed to designate senior representatives to steer these negotiations to resolution as soon as reasonably possible.
Within the context of FTA negotiations, they agreed to discussions between respective authorities on both sides to explore early implementation of cooperation in the digital payments sector.
They welcomed the signing of the Authorized Economic Operators Mutual Recognition Arrangement (AEO-MRA) under the aegis of the Customs Cooperation Arrangement (CCA) signed in 2024, which would facilitate easier movement of goods between the two countries by our respective trusted traders through close cooperation between customs authorities, thereby boosting bilateral trade.
The Leaders welcomed new cooperation on horticulture and forestry, including: the signing of the Memorandum of Cooperation on Horticulture which would enhance bilateral cooperation by promoting knowledge and research exchanges, development of post-harvest and marketing infrastructure; and the signing of a Letter of Intent on Forestry Cooperation that encourages policy dialogues and technical exchanges.
The Leaders recognized the positive role played by tourism in generating economic growth, increasing business engagements and generating greater understanding between people of the two countries. They welcomed the growing flows of tourists between India and New Zealand. They appreciated the update to the India-New Zealand Air Services Agreement and agreed to encourage their carriers for commencement of direct (non-stop) flight operations between the two countries.