India's Commerce Minister Piyush Goyal to NZ business: let’s 100x this relationship

India's Commerce Minister Piyush Goyal to NZ business: let’s 100x this relationship
Piyush Goyal (centre) says investment flows between NZ and India are "minuscule". (Image: Auckland Business Chamber)
Dileepa Fonseka
India’s Commerce Minister, Piyush Goyal, has told a business audience in Rotorua he sees no reason New Zealand and India can “10x” their bilateral trade and boost investment flows, too.“We are about a US$1.2 billion ($2.12b), US$1.3b, in terms of bilateral trade. Personally, I don’t see what this can’t be 10x – ten times what it is,” Goyal said on Thursday.“Our investments, mutually, have been very, very minuscule. I don’t see any reason why it can’t be 100x in the next five year...

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