India and New Zealand Sign Three Agreements Including Avoidance of Double Taxation (Download PDF)

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India and New Zealand inked three agreements in the areas of double taxation avoidance (DTA), sports, and food security in the presence of Prime Minister Narendra Modi and his New Zealand counterpart John Key after the delegation-level talks in New Delhi.

PM of New Zealand Mr. John Key and PM of India Narendra Modi

PM of New Zealand Mr. John Key and PM of India Narendra Modi

PM of New Zealand Mr. John Key and PM of India Narendra Modi

Both countries reached an understanding on:

  • Cyber security
  • Counter-terrorism
  • Customs
  • Education
  • Food safety

Signed Agreements

  • Arrangement between the Ministry for Primary Industries of New Zealand regarding Food Safety and Food Safety Cooperation.
  • Agreement on Ministry of Youth Affairs & Sports of India and Sport New Zealand.
  • Standards Authority of India (FSSAI) MoU on cooperation in the field of youth affairs and sports.
  • Prevention of fiscal evasion of taxes and protocol for the avoiding double taxation.

Key Aspects

  • New Zealand supports India’s membership of Nuclear Suppliers Group (NSG) and it has promised for support.
  • Committed to working with NSG members to reach a decision as soon as possible.
  • New Zealand to change its position of admitting only parties of Nuclear Non-Proliferation Treaty (NPT) in NSG.
  • Both countries also agreed to:

    • Establish Bilateral Ministerial Dialogue between two Foreign Ministries
    • Cooperation and Dialogue on Cyber Issues
    • Establish Annual Foreign Ministry Consultations at Senior Officials Level

New Agenda for Coalition (NAC)

  • NAC promotes the NPT and pushes for nuclear disarmament.
  • Geographically dispersed group of middle power countries.
  • Consists of countries such as Brazil, New Zealand, Egypt, Mexico, Ireland, and South Africa.
  • In June 1998, the group was officially launched in Dublin (Ireland).
  • Bridge North-South divide that stymied talks on non-proliferation and nuclear disarmament within the framework of the NPT.

- Published/Last Modified on: October 28, 2016

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