International Trade Report: India and New Zealand Analysis

This report examines the international trade relationship between India and New Zealand. It begins by highlighting the potential of trade between the two countries, emphasizing India's large population and economic growth, and New Zealand's diverse competitive advantages. The report then delves into the existing trade agreements, including the free trade agreement and New Zealand's trade with India. It further outlines key strategic goals, such as increasing trade value and focusing on services and skilled labor. An evaluation of these goals is provided, considering the availability of affordable services and the potential of Indian students. Recommendations are made to improve educational infrastructure, student support, and trade relations, including the export of organic products. The report concludes by emphasizing the potential for successful trading processes, leveraging India's affordable human resources and New Zealand's advanced technologies, highlighting the mutual growth opportunities for both countries.

International trade
India & New
Zealand

Contents
Introduction
Potentiality of India
Trade agreements
Key strategic goals
Evaluation of goals
Recommendations
Conclusion
Reference

Introduction
• International trade is an emerging phenomenon.
• Involving more countries with time.
• New Zealand is having diverse competitive
factors to stay relevant in the global market.
• However, partnered country should also be
effective and potential enough to succeed.

Potentiality of India
• India is the second largest country in the world in
terms population.
• Largest country in terms of economic growth.
• New Zealand is having huge potentiality in doing
business in India.
• Free market regulations are being followed in the
country.

Trade agreements
• New Zealand and India are having
free trade agreement.
• India is 1oth largest trading partner
of New Zealand with worth of NZ$
2.5 billion.
• Indian students are huge in number
in New Zealand.
• Both are members of Regional
Comprehensive Economic
Partnership Negotiations (Pio &
Dana, 2014).

Key strategic goals
• Increasing the trade value by minimum 10% by 2020
• Focusing more trading of services from India
• Providing more effective infrastructure for the Indian
students
• Attract skilled employees from India

Evaluation of the goals
• Affordable and quality services are available in
India, which should be accessed to reduce the
operational cost in New Zealand
• Inflow of Indian students is increasing. Thus, they
are one of the major sources of foreign reserves
• India can offer huge number of skilled and
affordable human resources (Chung & Tung, 2013)

Recommendations
• Educational infrastructure including setting up
more world class colleges should be initiated.
• Accommodation and supporting facilities for the
students should be improved.
• No restricted items should be evident between
the two countries.
• Organic products should be exported to India,
where it will find huge market opportunities.

Conclusion
• Potentiality is evident in trading between the two
countries
• Affordable human resources of India and improved
technologies of New Zealand will make up for the
successful trading process
• With both the countries witnessing growth, huge
potentiality is awaiting.

Reference
• Chung, H. F., & Tung, R. L. (2013). Immigrant social
networks and foreign entry: Australia and New
Zealand firms in the European Union and Greater
China. International Business Review, 22(1), 18-31.
• Pio, E., & Dana, L. P. (2014). An empirical study of
Indian entrepreneurs in Christchurch, New
Zealand. International journal of entrepreneurship and
small business, 22(1), 17-35.