Date Submitted: Thu Jan 28, 2010

NEW DELHI - New Zealand has offered to share its expertise in green technology with India to produce clean energy and build eco-friendly transport system.

“New Zealand has a competitive advantage in green technology. I know India has a great interest in building renewable energy and transport system,” New Zealand Trade Commissioner to New Delhi Cliff Fuller said here at New Zealand Invest 2010 on Jan 23.

He added New Zealand also has an edge in areas like aviation, dairy products, food and beverages.

The bilateral trade between India and New Zealand stood at over $6 billion during 2008-09.

Further, he said, “When we look at India economy, we see many areas like infrastructure, technology and food supply chain which offer opportunities to New Zealand for both trade and investment.”

In 2009, India and New Zealand had completed a joint study group report that said there is a huge potential to substantially develop the bilateral trade and strengthen economic relationship further.

Exports from India to New Zealand include pharmaceuticals, gems and jewelery, textiles, iron, steel products and tyres. Major items of New Zealand’s exports are coal, dairy products, wool, wood, iron and steel. (PTI)




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