News Excerpt: 

India and New Zealand will likely set up working groups in sectors such as agriculture, food processing, storage & transportation, forestry, digital trade and pharmaceuticals to facilitate ongoing collaboration on key trade and economic issues.

More about the series of bilateral meetings in New Zealand:

• Collaboration in the area of pharmaceuticals and medical devices sector:
  • Adoption of fast-tracking of the regulatory process.
  • Quality assessment of manufacturing facilities using. 
  • Inspection reports of comparable overseas regulators. 
  • Greater sourcing of medicines from India and cooperation in the medical device sector.
• Cooperation in the horticulture sector:
  • Increasing cooperation in kiwi fruit as well as the dairy sector. 
  • Proper storage in pack houses and their suitable transportation. 
  • India and New Zealand will review the progress made by those working groups and the recommendations thereof at regular intervals.

• Collaboration in digital trade, meeting nationally determined contributions, cross-border payment systems, etc.

• Bilateral trade issues:

• • Issues related to market access:

• • • Non-tariff barriers (NTBs),
    • Sanitary and Phytosanitary (SPS) measures on products like grapes, okra and mangoes,
    • Mutual Recognition Arrangement (MRA) in organic products, 
    • Simplified homologation including through mutual recognition of comparable domestic vehicles standards.
• The two sides decided to resolve these issues through dialogue and cooperation under the existing mechanism of the Joint Trade Committee (JTC) meeting.