India and New Zealand have begun the second round of negotiations for a proposed free trade agreement to boost two-way commerce and investments.
The talks, which will conclude on July 25, resumed after a ten-year gap following the announcement on March 16 this year.
Challenges in the negotiations include the disparity in tariff structures, with New Zealand having lower average import tariffs compared to India.
Key exports from India to New Zealand include clothing, fabrics, medicines, agricultural equipment, while imports from New Zealand to India consist of agricultural goods, minerals, and meat products.