By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
Reading: “Critical source of pharmaceuticals, machinery for us”: New Zealand PM highlights India’s growing economic sophistication – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > World > “Critical source of pharmaceuticals, machinery for us”: New Zealand PM highlights India’s growing economic sophistication – World News Network
World

“Critical source of pharmaceuticals, machinery for us”: New Zealand PM highlights India’s growing economic sophistication – World News Network

worldnewsnetwork
Last updated: March 17, 2025 12:00 am
worldnewsnetwork 2 months ago
Share
SHARE

New Delhi [India], March 17 (ANI): New Zealand Prime Minister Christopher Luxon on Monday acknowledged India’s growing economic sophistication, highlighting the country’s emergence as a critical source of pharmaceuticals and machinery for New Zealand.
Luxon’s speech at the Raisina Dialogue 2025 marked a significant milestone in India-New Zealand relations, the growing diversity of trade between India and New Zealand, shifting beyond traditional wood exports.
Adressing the Raisina Dialogue 2025 inaugural session at Durbar, Luxon said, “Our trade has diversified considerably from wood, thanks to the increased sophistication of your economy. Today, India is a critical source of pharmaceuticals and machinery for us. While we are a great tourism and education destination for you (India).”
Following the recent meeting with Prime Minister Narendra Modi on Monday morning, Luxon said, “Prime Minister Modi and I sat down today, and we charted out the future of our two countries’ relationship…We agreed that our defence forces build greater strategic trust with one another while deploying together and training together more.”
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.
“We want our scientists to collaborate on global challenges like climate change and commercial opportunities like space. We are supporting our businesses in improving air links and building primary sector cooperation,” he said.
“We will facilitate students, young professionals, and tourists moving between our two countries, and we have instructed our trade negotiators to negotiate a comprehensive free trade agreement between our two great nations,” he added.
Further he also highlighted the long-standing relationship between Indians and New Zealanders, emphasising over two centuries of shared history at the Raisina Dialogue 2025 in New Delhi.
He stated, “It is more than 200 years since Indians and New Zealanders began living side by side… Just as they were 200 years ago, ‘Kiwi-Indians’ today are fully integrated into our multicultural society.”
Luxon praised India’s democratic process, citing the record-breaking voter turnout of 650 million Indians in the last national election. “It is an inspiration… Your national election is a triumph of logistics but also a triumph of legitimacy,” he said.
He also emphasized the importance of a free and open Indo-Pacific region. “We want to live in an Indo-Pacific where countries are free to choose their path free from interference, a region where no one country comes to dominate,” he stated.
“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.
According to the Consul General of India, New Zealand, Indian exports to NZ mostly are pharmaceuticals/medications, Mechanical Machinery, Made up textile articles and Pearls, Precious stones and Metals..
In terms of cooperation during the Covid-19 pandemic, India and New Zealand worked closely together. In April 2020, the then Foreign Minister and Deputy Prime Minister of New Zealand, Winston Peters, had a telephone conversation with India’s External Affairs Minister (EAM) to discuss the pandemic. India assisted in repatriating New Zealanders stranded in India and supplied critical pharmaceuticals, including hydroxychloroquine, paracetamol, and azithromycin.
Earlier in the day, the two leaders met at Hyderabad House for a bilateral discussion. Both leaders reaffirmed their commitment to deepening bilateral ties and addressing global challenges during their meeting in New Delhi.
PM Modi stressed the importance of strong action against terrorism, affirming that such threats are unacceptable in any form.
Both nations also announced the launch of negotiations for a Free Trade Agreement (FTA) and a new arrangement to facilitate the mobility of professionals and skilled workers, an official press release by the Ministry of External Affairs (MEA) stated.
Both leaders recognized that there remains significant potential for further growth in the bilateral relationship and agreed to cooperate closely in diverse areas, including trade and investment, defence and security, education and research, science and technology, agri-tech, space, mobility of people and sports.
Several important bilateral documents were signed during the visit. These include a Joint Statement reaffirming commitments to mutual cooperation, as well as a Memorandum of Understanding (MoU) on Defence Cooperation between the defence ministries of both countries.
The meeting comes amid a growing push to enhance bilateral ties, with both leaders set to discuss economic cooperation, trade expansion, and regional security. The visit has already seen the announcement of negotiations for a Free Trade Agreement (FTA) between the two nations.
Luxon arrived in New Delhi on Sunday for a five-day visit, including attending the Raisina Dialogue. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

Ahmed bin Mohammed visits World Police Summit 2025 – World News Network

US State Dept authorises foreign military sales case for Turkiye to buy Advanced Medium Range Air-to-Air Missiles – World News Network

Putin to skip negotiation talks in Turkey, names delegation for Russia-Ukraine talks resuming today – World News Network

BASC President Fariba Baloch highlights widespread human rights abuses in Pakistan – World News Network

“India has a lot deeper relationships with a much larger set of countries”: US Expert – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article Netanyahu to ask for termination of Israel’s anti-terror chief ‘due to ongoing mistrust’ – World News Network
Next Article “This is not our party’s ideology, her personal opinion,”: Congress’ Suresh Raje on Rekha Vinod Jain’s Aurangzeb remark – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

“People should be assured such attacks won’t happen,” says SP chief Akhilesh Yadav – World News Network
National 20 hours ago
“Turkey committed the sin of backing Pakistan”: Maharashtra Dy CM Eknath Shinde – World News Network
National 20 hours ago
“It was very important for us to rally around flag”: Shashi Tharoor clarifies his stance on Op Sindoor – World News Network
National 20 hours ago
Delhi Police busts syndicate running digital arrest scam module; 2 held, Rs 2.2 crore recovered – World News Network
National 20 hours ago

Sports

Former Sri Lanka player Dassanayake earns second stint as USA coach – World News Network
Sports
Kusal Mendis to replace Jos Buttler in GT squad for IPL 2025 playoffs – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

“He was much more than an actor”: Naseeruddin Shah remembers Om Puri after re-watching ‘Ardh Satya’ – World News Network
Entertainment
Dil E Nadaan: Second song from Akshay Kumar’s comedy caper Housefull 5 unveiled – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?