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India and New Zealand to strengthen economic ties, explore collaboration in key sectors

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The government of India is committed to strengthening economic ties with New Zealand. This was stated by India Commerce Secretary, Sunil Barthwal, during his meeting with the New Zealand Minister for Trade, Todd McClay, in New Zealand.

During the meeting, both countries expressed their intent to deepen existing bilateral relations and expand trade and people-to-people contact, said the Press Information Bureau (PIB) said in a statement.

The two sides discussed a variety of sectors, including agriculture, food processing, storage and transportation, forestry, and pharmaceuticals, with an aim to promote collaboration in key areas, it added.

They also examined the progress of market access issues and economic cooperation projects. The leaders also discussed the establishment of a robust bilateral economic dialogue architecture and the creation of working groups on various sectors to facilitate collaboration.

The two governments also discussed the Mutual Recognition Arrangement (MRA) in Organic products and simplified homologation procedures through mutual recognition of comparable domestic standards for vehicles.

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