India and New Zealand have elevated their ties to a ‘strategic partnership’, strengthening cooperation, as well as coordination on Indo-Pacific priorities and multilateral issues.
The ‘Roadmap to 2030’ will guide its structured implementation for four years.
The decision was arrived at during PM Narendra Modi’s recent visit to Auckland.
Both sides plan to double bilateral trade to ₹350 billion by 2030.
The decision was arrived at during Prime Minister (PM) Narendra Modi’s official visit to Auckland, New Zealand, on July 10-11.
Both sides set a target to double bilateral trade to NZ$7 billion (₹350 billion) by 2030 to boost economic ties and expand market access, in the context of the recently-signed free trade agreement.
Recognising the shared challenges of climate change and the transition to low-emissions and climate-resilient economies, Modi and New Zealand PM Christopher Luxon agreed to deepen cooperation through the International Solar Alliance and the Coalition for Disaster Resilient Infrastructure. Modi welcomed New Zealand joining the Global Biofuels Alliance.
India welcomed New Zealand’s nomination of maritime security as its priority pillar under the Indo-Pacific Oceans Initiative, according to a joint statement issued after the visit. Both sides agreed to explore specific cooperation activities under this pillar.
They also agreed to establish an annual Maritime Security Dialogue to strengthen cooperation, coordination and information exchange.
Fibre2Fashion News Desk (DS)
