India and New Zealand to have deeper collaboration in Pharma, Agriculture and Food Processing Industries, among others

• Todd McClay, Acting Chief Executive and Secretary of Foreign Affairs and Trade of New Zealand, Mr. Brook Barrington, the India-New Zealand Business Council (INZBC) and the 11th India - New Zealand Joint Trade Committee (JTC) Meeting.
• Both sides acknowledged the existing huge potential in both economies and mutual trade complementarities, there is a substantial potential to increase the trade and people to people contacts. These meetings had focused discussions on several key areas aimed at promoting bilateral trade and cooperation, marking a pivotal moment in strengthening economic ties and fostering collaboration between the two nations, building upon the existing close ties through people to people and business contacts.
• Services sector and enhancing its scale for bilateral trade was given special focus during the discussions held at various levels which revealed great interest from both sides for increasing business to business as well as people to people contacts and to work on the skill gaps and how the same can be strengthened through capacity building and improving the ease of mobility. It touched upon areas such as hospitality sector including adventure tourism, nursing, tele-medicine, education, air connectivity, Joint R&D (wherever feasible), startups, etc.

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Published date : 03 May 2024 05:45PM