New Delhi, July 25 -- The second round of negotiations for the India-New Zealand Free Trade Agreement (FTA) concluded successfully on Friday in New Delhi, further advancing the shared objective of strengthening bilateral trade and economic partnerships, according to a release from the Ministry of Commerce and Industry.

This development catalyses the shared commitment to deepen economic ties and guidance given by Prime Minister Narendra Modi during the visit of his New Zealand counterpart, Christopher Luxon, in March this year.

The FTA was launched during the meeting between Union Minister of Commerce and Industry, Piyush Goyal and Todd McClay, Minister for Trade and Investment, Government of New Zealand, on March 16 of this year, the re...