'The Gateway to India' - Mumbai
Following on from my posting last week about the visit of Kamal Nath, India's Minister of Commerce to New Zealand, comes news that NZTE are organising an 'Indian Market Forum' in Tauranga in July.
It appears that there is a clear move by New Zealand towards negotiating a Free Trade Agreement (FTA) with India. NZ Trade Minister, Phil Goff, said as much as he prepared to meet Kamal Nath last Thursday. All this follows on from the recent signing of the New Zealand-China FTA, apparent good progress on bilateral trade talks with Korea and the announcement last week that New Zealand and Japan will embark on a study of the benefits of a bilateral economic partnership agreement.
The interesting thing about each of these bilateral discussions is the diverse range of opportunity each brings. India is no exception. I have spent seven years engaged in direct business in India through HBI Software in Bangalore. The changes in the last seven years have been immense. India is changing and New Zealand can only benefit from greater engagement with it.
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