New Delhi, April 28: Union Commerce and Industry Minister Piyush Goyal engaged in a meaningful dialogue with leaders of various Export Promotion Councils (EPCs) on Monday.
In a post on the social media platform ‘X’, Minister Goyal stated, “I had a constructive discussion with the heads of different Export Promotion Councils. We explored sector-specific priorities and listened to their creative feedback on empowering Indian businesses to export and seize opportunities in the global trade landscape.”
He further emphasized the importance of leveraging recent Free Trade Agreements (FTAs) established by India to enhance market access and promote exports.
Earlier, Goyal expressed eagerness to utilize the full potential of the India-New Zealand Free Trade Agreement to create new opportunities for businesses in both countries, strengthen value chains, and deepen bilateral economic partnerships.
While addressing the India-New Zealand Business Forum alongside his New Zealand counterpart Todd McClay, Goyal highlighted how India’s vast market, skilled workforce, digital capabilities, and manufacturing strengths complement New Zealand’s expertise in agri-tech, clean energy, and fintech.
Goyal remarked, “The strong participation of business leaders from both sides and the shared insights have unveiled immense possibilities for deeper trade, investment, and innovation-based cooperation between our countries.”
This Free Trade Agreement, concluded in a record nine months, marks a significant milestone in strengthening bilateral relations. Currently, trade in goods is estimated at $1.3 billion, with services trade at $634 million. Both countries aim to increase this to $5 billion over the next five years. A robust community of approximately 300,000 Indians in New Zealand serves as a vital link in this partnership.
According to an industry body, this agreement underscores India’s commitment to strategic diversification in the Indo-Pacific region and the establishment of resilient, inclusive, and future-ready economic partnerships.
My name is Himanshu Tiwari. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including TECHNOLOGY, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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