High level visit
01/09/2008
New Zealand's Governor-General Anand Satyanand will make a week-long state visit to India beginning September 8 to reaffirm the strength of the two countries’ growing bilateral relationship especially in trade and economy.
India was New Zealand's twenty-third largest trading partner and twenty-second most important destination for merchandise exports in the year ending June 2007. New Zealand's merchandise exports to India in the year to December 2007 totalled NZ$ 360 million, an increase of 130% on the 2003 figure.
“There is already significant mutual trade between New Zealand and India and there is considerable potential to increase that even further,” said Mr Satyanand in the build-up to the visit. “Our two countries have much in common, including use of the English language, a Westminster parliamentary democracy, a common law-based legal system, Commonwealth ties and sporting affiliations in cricket and hockey.”
Coal has been the main driver of the increase in New Zealand exports to India followed by wool, log and wood pulp, leather, fruit products and laboratory equipment.
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