Auckland, July 11 -- Prime Minister Narendra Modi on Saturday (local time) said bilateral trade between India and New Zealand has grown by more than 50 per cent in the last three years and expressed confidence that the recently signed Free Trade Agreement (FTA) would provide the foundation to double trade over the next five years.

Addressing the Gala Lunch hosted in his honour by New Zealand Prime Minister Christopher Luxon in Auckland, PM Modi also welcomed New Zealand's USD 20 billion investment commitment in India, saying it would create new opportunities for New Zealand companies to become long-term partners in India's growth story.

"This year, we signed the Free Trade Agreement in record time. With this achievement, new doors will ...