Dealing with differences
• New Zealand Prime Minister Christopher Luxon highlights three major geopolitical shifts: rule replacement with power, security over economic considerations, and a shift from trade efficiency to protectionism and resilient supply chains.
• Despite their size disparity, both India and New Zealand share an interest in ensuring freedom of navigation in the Indo-Pacific.
• New Zealand, Australia, Japan, and South Korea are engaged in regional issues, with a defence Memorandum of Understanding signed to enhance military cooperation and restart talks on a free trade agreement.
• Challenges remain, particularly around market access for dairy and agricultural products, leading to India’s exit from the Regional Comprehensive Economic Partnership (RCEP).
• New Zealand’s trade with China stands at approximately $24 billion, despite strategic concerns.
• Air India and Air New Zealand signed a codeshare agreement, potentially leading to direct flights by the end of 2028.
• Despite concerns over “anti-India activities” in New Zealand, New Zealand’s commitment to free expression and avoiding foreign political conflicts is reaffirmed.