India, NZ Aim To Ink FTA Within 10 Months

Law360, New York (May 11, 2011, 6:05 PM EDT) -- After two days of high-level trade talks, India and New Zealand have agreed to conclude a free trade agreement designed to boost investment and trade in services between the two countries within the next eight to 10 months.

The two countries already have strong economic ties, doing an estimated NZ$1.2 billion ($947 million) worth of trade in goods in 2010, and both believe that a bilateral trade deal could provide them with a mutual economic boost.

"The FTA will be our single most important bilateral platform...
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