New Zealand PM Spotlights India’s Rising Economic Sophistication: A Key Supplier of Pharmaceuticals and Machinery
New Delhi [India], March 17 (ANI): On Monday, New Zealand's Prime Minister, Chris Luxon, recognized India's increasing economic sophistication, noting the nation’s rise as a key supplier. pharmaceuticals and machinery for New Zealand.
Luxon's speech at the Raisina Dialogue 2025 signaled an important development in India-New Zealand ties, with increasing diversity being notable. trade Between India and New Zealand, moving past conventional timber trade.
Adressing the Raisina Dialogue 2025 During the inaugural session at Durbar, Luxon stated, "Our trade has become significantly more varied than just wood, owing to the enhanced development of your economy. Nowadays, India plays a crucial role as a supplier in this sector. pharmaceuticals and machinery For our purposes. We are an excellent choice for tourism and education when it comes to India."
After his meeting with Prime Minister Narendra Modi on Monday morning, Luxon stated, “Prime Minister Modi and I had a discussion today where we outlined the path forward for the relationship between our two nations… We concurred that our defense forces should enhance their strategic cooperation through increased joint deployments and training sessions.”
The leaders also agreed to foster scientific collaboration on pressing global issues like climate change and space exploration. Additionally, they pledged to support businesses in improving air links and primary sector cooperation.
He stated, 'We aim for our scientists to work together on worldwide issues such as climate change and business prospects like space exploration. Additionally, we are assisting our enterprises in enhancing aerial connectivity and fostering collaboration within the primary sectors.'
"We will assist students, young professionals, and tourists traveling between our two nations, and we have directed our trade negotiators to negotiate a comprehensive free trade "accord entre nos deux grandes nations," il ajouta.
Moreover, he underscored the enduring connection between Indians and New Zealanders, highlighting more than two hundred years of mutual history. Raisina Dialogue 2025 in New Delhi.
He said, "More than two centuries have passed since Indians and New Zealanders started coexisting... Similar to their situation 200 years ago, 'Kiwi-Indians' remain thoroughly integrated into our diverse society today."
Luxon commended India's democratic system, highlighting the unprecedented number of over 650 million voters who participated in the recent national elections. He stated, "This serves as an inspiration... The national election stands as both a logistical marvel and a testament to legitimate governance."
He similarly highlighted the significance of maintaining a free and open Indo-Pacific area. He said, “Our vision for the Indo-Pacific includes nations having the liberty to determine their own trajectories without external meddling, ensuring it remains a zone where no single nation holds supremacy.”
"India and New Zealand are so fortunate to live in one of the most economically dynamic regions in the world. The Indo-Pacific represents two-thirds of global economic growth in the coming years...India itself is at the centre of this exciting economic future," he added.
As stated by the Consul General of India in New Zealand, Indian exports to NZ primarily consist of pharmaceuticals /Medications, Equipment related to machinery, Textile products not made up, as well as Pearls, Precious Stones, and Metals..
Regarding collaboration amid the Covid-19 pandemic, India and New Zealand joined forces. In April 2020, Winston Peters—who was serving as both the Foreign Minister and Deputy Prime Minister of New Zealand at the time—spoke over the phone with India’s External Affairs Minister (EAM). They discussed various aspects of the pandemic. India helped in bringing back Kiwis stuck in India and provided essential assistance. pharmaceuticals including hydroxychloroquine, paracetamol, and azithromycin.
In the morning, the pair convened at Hyderabad House for a one-on-one talk. During their encounter in New Delhi, both leaders expressed their dedication to strengthening mutual relations and tackling worldwide issues.
Prime Minister Modi emphasized the necessity for robust measures against terrorism, stating unequivocally that these dangers cannot be tolerated regardless of their manifestation.
The two countries additionally declared the initiation of talks for a Free Trade Agreement (FTA), along with a fresh setup aimed at easing the movement of professionals and skilled laborers, as mentioned in an official statement from the Ministry of External Affairs (MEA).
Both leaders acknowledged that substantial opportunities remain for expanding their countries' mutual ties and committed to working together closely across various sectors, including trade And investments, defense and security, education and research, science and technology, agritech, space exploration, movement of individuals, and sports.
During the visit, several key bilateral agreements were signed. This includes a Joint Declaration reinforcing their dedication to mutual collaboration, along with a Memorandum of Understanding (MoU) concerning Defense Cooperation between the defense departments of both nations.
The discussion arises as efforts intensify to strengthen mutual relations, with both leaders planning to address economic collaboration. trade Expansion, along with regional security, is among the topics discussed during the visit. It has already led to the announcement of impending negotiations for a Free Trade Agreement (FTA) between the two countries.
Luxon reached New Delhi over the weekend for a five-day trip, which includes participating in the Raisina Dialogue. (ANI)