Todd McClay unveils two-way forestry trade missions with India
Photo:
123RF
Forestry Minister Todd McClay has unveiled two-way forestry trade missions with India this year.
The inbound visit - supported by industry partners - is expected to showcase New Zealand's forestry systems and sustainable management practices.
"The outbound mission will continue to open doors for deeper commercial and government partnerships," McClay said.
"These [trade missions] are aimed at strengthening trade links, deepening industry ties and unlocking greater value for both countries' forestry and wood processing sectors."
McClay was speaking at the Fieldays Forestry Hub on Friday.
Trade between New Zealand and India was valued at $3.14 billion in 2024.
New Zealand's exports to India last year included forestry products valued at $126 million.
New Zealand's wood exports to India have surged from $9.5 million in 2023 to an estimated $76.5 million this year.
Pulp exports have more than doubled, from $20 million to $45.6 million.
"India is one of the fastest-growing markets for our forestry exports - and we're focused on turning that growth into long-term opportunity for New Zealand exporters," McClay said.
"Increased engagement with India is already delivering results," he said.
"We're now building on that momentum with a targeted sector focus, including hosting an Indian delegation in New Zealand and planning a minister-led mission to India later this year.
"Our relationship with India is a priority, and forestry is a key part of that. The goal is clear - to grow the market, remove barriers and drive better returns back to New Zealand's foresters and processors."
New Zealand signed a new memorandum of cooperation with India during Prime Minister Christopher Luxon's visit in March, indicating a commitment to enhance forestry sector collaboration between the two countries.
"Many of our forestry exporters have long-standing relationships in India and are keen to expand," McClay said at the time. "This agreement will lay the groundwork for cooperation in sustainable forest management, agroforestry, research and innovation, education, and capacity building."
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