SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 02 Mar, 2020  

Handshake.9.Thmb.jpg 'Need to strengthen India-New Zealand trade ties'

   Top Stories
» 28 Indian startups raised over $800 mn in funding this week
» GST Council waives interest, penalty on notices to taxpayers under Section 73
» India's innovation ecosystem poised for exponential growth: Industry
» India's innovation ecosystem poised for exponential growth: Industry
» Overseas Indians faith grows in Indian economy with $1 billion deposits in April
SME Times News Bureau | 02 Mar, 2020

Minister for Trade and Export Growth, New Zealand, David Parker, recently said that India and New Zealand need to further strengthen their socio-economic relations.

Speaking at 'India-New Zealand Business Forum', organized by FICCI, Parker said, "We both need trade to help us address the most significant global issues to access the international market. We need to support the economic growth and development and avoid environmental damage impacting the people."

He added that New Zealand is engaging with various states in India to provide latest technology in agriculture, food storage and supply chain infrastructure to reduce food wastage. He said that New Zealand companies have started working with Indian businesses under the Make in India program.

He also emphasized on the need to adopt newer technologies to encourage innovations and bridge the gap between the two nations.

"Trade policies play an important role. There is lot that we can do together," said Parker.

Highlighting the role of greater women entrepreneurs to nation's GDP, Mr Parker said that New Zealand is working to increase the number of women entrepreneurs in the overall trade. "

According to IMF, greater female participation boosts growth by up to 35 percent of the GDP," he said adding that there are equal opportunities for women in India which will also contribute significantly to India's GDP growth.  

New Zealand's Trade and Export Growth Minister also invited Indian companies to invest in New Zealand in potential areas like aviation, tourism, IT, ICT, education. "We have developed new 'Trade for All' trade policy to ensure sustainable economic development and inclusive growth."

Sangita Reddy, President, FICCI said that India is not only a large market, but we are also a diverse market with immense talent pool of all types. 

She further added that India as a sandbox of 'Innovation and Learning' is providing an opportunity to our global partners to grow faster than they were growing earlier.

Print the Page
Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
Will the Budget 2024 be MSME friendly
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter