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GS2/3 · Trade

India-New Zealand FTA: third round ends in Queenstown

1 min readTrade Policy & FTAs
Battle IAS current affairs title card: India-New Zealand FTA: third round ends in Queenstown (GS2/3 · Trade, 19 September 2025)

What happened

  • The third round of India-New Zealand FTA talks ended in Queenstown on 19 September 2025; several chapters were concluded [PIB].
  • Bilateral merchandise trade was USD 1.3 billion in FY 2024-25, up nearly 49% [PIB].

Background

  • The FTA was launched on 16 March 2025 by Piyush Goyal and Todd McClay [PIB].

Why it matters

  • A small but quick deal; dairy is the known sensitive area.

How to use this in Mains

GS-II Effects of liberalisation; trade policy

  1. As per PIB (2025-09-19): the third round of India-New Zealand FTA talks ended in Queenstown on 19 September 2025; several chapters were concluded.
  2. A small but quick deal; dairy is the known sensitive area.
Quotable data point

Bilateral merchandise trade was USD 1.3 billion in FY 2024-25, up nearly 49%.

PIB: Third round India-NZ FTA talks, 19 Sep 2025

Exam angle

UPSC

Prelims: FTA rounds.

Practice MCQs

Original practice questions (not PYQs).

Practice · UPSC

India-NZ merchandise trade FY 2024-25

Answer (a) & explanation

PIB.

Official source: PIB: Third round India-NZ FTA talks, 19 Sep 2025

facts from cited sources only; faculty review pending