×
Based on your current location, we selected the North America edition of FreshPlaza.com for you I want to remain in this edition
Please click one of the other regions below to switch to another edition.

world_map North America Latin America Oceania Africa Asia Europe



Announcements

Job offersmore »




Specialsmore »

Top 5 - yesterday

Top 5 - last week

Top 5 - last month

Exchange ratesmore »


New Zealand:

Our companies really need to be in India

More and more, New Zealand is seeing India as a key market. The country does not have an FTA there but wants to develop its relationship with India through a quality bilateral FTA. With India’s attractive demographics and young population, the growth opportunities are immense.

There is also the Regional Comprehensive Economic Partnership (RCEP), which is a giant trade pact among 16 countries aiming to cover goods, services, investments, economic and technical cooperation, competition and intellectual property rights.

The 16-member RCEP comprises ten ASEAN members (Brunei, Cambodia, Indonesia, Malaysia, Myanmar, Singapore, Thailand, the Philippines, Laos and Vietnam) and their six FTA partners (India, China, Japan, South Korea, Australia and New Zealand).

According to the Financial Express, the bilateral trade between India and NZ is worth almost NZ$ 2.5 billion (1.47 billion euros). The main products into India are logs, fruit and wool. Fruit is primarily kiwi fruit: Zespri is one of the key customers. From 2011 to 2016 the NZ-India two-way goods trade increased by 42%.

Publication date: 12/20/2017


 


Receive the daily newsletter in your email for free | Click here


 

Other news in this sector: