New Delhi, March 16 -- India and New Zealand on Sunday announced the launch of talks for a Free Trade Agreement (FTA) as part of efforts to deepen economic cooperation amid the threat of a global tariff war sparked by US President Donald Trump.

The decision was formalized during the visit of New Zealand Prime Minister Christopher Luxon, who is in India from 16 to 20 March, the commerce ministry said in a statement on Sunday. The discussions, led by commerce and industry minister Piyush Goyal and New Zealand's trade and Investment minister Todd McClay, mark a step towards strengthening bilateral trade relations.

Mint was the first to report on India exploring renewed negotiations with New Zealand for new FTA deals on 26 June 2024.

The s...