India, New Zealand eye to increase collaboration in pharma sector
New Delhi: India and New Zealand are aiming to enhance cooperation in various sectors such as pharmaceuticals, digital trade, and cross-border payment systems to promote bilateral trade relations.
Issues to promote trade through these collaborations were discussed during the recent visit of Commerce Secretary Sunil Barthwal to New Zealand from April 26-27.
As per PTI report, the commerce ministry said that huge potential is there in both economies to further promote bilateral trade.
"The meetings reviewed progress on market access issues, economic cooperation projects and explored opportunities for new initiatives," it said.
Both sides discussed the establishment of robust bilateral economic dialogue architecture and the creation of working groups in sectors like Agriculture, Food Processing, Storage and Transportation, Forestry and Pharmaceuticals to facilitate ongoing collaboration on key trade and economic issues.
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