bilateral trade

India and New Zealand elevated their ties to a strategic partnership and set a five-year target to double annual bilateral trade in goods and services to ₹35,000 crore by 2030. PM Modi toured a New Zealand sports innovation showcase during the visit.

Pakistan's Federal Board of Revenue (FBR) has established a new land customs station at Taftan, a border town with Iran, to formalize and expand bilateral trade. The move aims to reduce informal trade channels, lower transport costs, and improve cargo handling via rail connectivity, addressing long-standing infrastructure and logistical challenges.

Thailand and Vietnam pledged to nearly double bilateral trade to US$25 billion within four years during a two-day meeting. Thai Prime Minister Anutin Charnvirakul and Vietnamese hosts also discussed strengthening supply chains between the two nations.

Venezuela’s acting President Delcy Rodríguez met with Turkish President Recep Tayyip Erdogan in Istanbul to discuss expanding cooperation in trade, energy, and mining. The leaders aimed to increase bilateral trade from $448 million to $3 billion and reviewed global developments, building on existing ties between Turkey and Venezuela.