(30 May 2025)
RESTRICTION SUMMARY:
ASSOCIATED PRESS
New Delhi, India – 30 May 2025
1. Mid of podium, banner reading (English) "Address by Rt. Hon. Winston Peters, Deputy Prime Minister and Foreign Minister, New Zealand"
2. Mid of New Zealand flag
3. SOUNDBITE (English) Winston Peters, New Zealand Deputy Prime Minister and Foreign Minister:
“India represents immense untapped potential. Despite India’s economic scale, it remains only our 12th largest partner in trade, accounting for just 1.5% of our exports. We are determined that we’re going to work to change that. Our strengths, from food and beverage products to agriculture, forestry, horticulture, education and tourism are world class. And our innovation in areas like outer space and renewable energy will find a welcoming partner in India.”
4. Cutaway of Indian flag
5. SOUNDBITE (English) Winston Peters, New Zealand Deputy Prime Minister and Foreign Minister:
”But our relationship with India goes well beyond economic ties. It extends to defense and security, a priority for New Zealand in the Indo-Pacific. In an emerging multipolar world, India is evolving into a geopolitical giant, an indispensable security actor in both regional and global spheres. During a time, ladies and gentlemen, of great uncertainty, instability and disorder, we have taken steps to work more closely on matters of defense and security with India.”
6. Banner behind the podium reading (English) "Address by Rt. Hon. Winston Peters, Deputy Prime Minister and Foreign Minister, New Zealand"
7. SOUNDBITE (English) Winston Peters, New Zealand Deputy Prime Minister and Foreign Minister: ++SHOT BEGINS ON THE SECOND SPEAKER, PANS TO PETERS++
“Ah, well, one thing I’ve learnt, in politics never put a timeline on anything, because they’ll start holding it to you. It doesn’t matter whether there’s an earthquake, a tsunami, or whatever, they’ll still keep holding it to you, because people aren’t basically, when they’re looking at political opponents, fair. But here’s the good news, we have started off and this conversation is going with real meaning now.”
8. Peters stands with Indian delegates and poses for photograph
9. Peters leaving stage
STORYLINE:
New Zealand’s deputy prime minister said on Friday that talks over a free trade agreement between his country and India were ongoing, but he didn’t provide a timeline for when the two nations could eventually sign a deal.
Winston Peters, who is on a two-day visit to India, said that the negotiations were “going with real meaning now."
Peters met with India’s Group of 20 emissary, Amitabh Kant, in New Delhi and said that India was New Zealand’s 12th-largest partner in trade and “we are determined that we’re going to work to change that.”
India and New Zealand began negotiations in March for a trade pact, and had aimed to sign a deal in 60 days.
The deal will significantly bolster economic ties between the two countries, but it has faced delays because of differences over tariffs on dairy products.
Bilateral trade between India and New Zealand stood at $1.7 billion in the 2023-24 financial year.
Talks between India and New Zealand were taking place amid global trade tensions, after U.S. President Donald Trump’s decision to impose now-paused reciprocal tariffs on imported goods from several countries, including India.
Earlier this month, India and the United Kingdom clinched a trade deal. India is also engaged in trade talks with Washington.
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