India, Nov. 17 -- The Government of India has issued a release:

Union Minister of Commerce & Industry Shri Piyush Goyal today held a bilateral meeting with New Zealand's Minister for Trade, Todd McClay, in Mumbai to advance discussions on the proposed India-New Zealand Free Trade Agreement (FTA). The engagement marked an important step in the ongoing negotiations, with both Ministers focusing on convergence across key disciplines relating to trade in goods and services.

Both sides acknowledged that the recent round resulted in substantive progress, with closure achieved on several elements and a clear shared understanding emerging on pathways to an early and mutually satisfactory conclusion of the agreement.

The Ministers noted that bila...