Media365
India’s High Commissioner to New Zealand, Muanpuii Saiawi, has dismissed concerns that New Zealand’s proposed investments in India under the India–New Zealand Free Trade Agreement (FTA) would be a burden, describing them instead as a significant economic opportunity for both countries.
Responding to a question on whether New Zealand could face difficulties if it failed to deliver the billions of dollars in investments reportedly promised under the FTA, the envoy said such concerns reflected “a poor way of looking at it.”
“This investment piece is not something like a burden on New Zealand. It is a great opportunity,” she said.
Highlighting India’s growth story, the High Commissioner pointed to the experiences of Japan and South Korea, saying both countries had reaped substantial benefits by investing in India.
“Look at how Japan and Korea benefited by investing in India. It brings them value and profitability, and from India you can export to other markets as well,” she said.
Calling the proposed India–New Zealand FTA a “tremendous opportunity,” Saiawi said the agreement would strengthen economic ties and create new avenues for trade and investment.
“Our businesses are convinced that this is good for both our nations. India is a big market, and there is a lot that we can do together,” she said.
The envoy also underscored the contribution of the Indian community in New Zealand, noting that Indians first arrived in the country more than a century ago and today are making significant contributions across sectors.
“Indians came to New Zealand over 100 years ago. They are doing well in all spheres of life. We have a very talented Indian diaspora here in New Zealand,” she said.
The remarks come as India and New Zealand continue negotiations to deepen economic engagement through a comprehensive free trade agreement aimed at boosting bilateral trade, investment and strategic cooperation.
