India, New Zealand agree to boost technical cooperation

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New Delhi, Mar 25 (UNI) Building on 20 technical collaborations with New Zealand since 1991 when India launched herself on to path of economic reforms, the two nations today agreed to improve enabling enviornment to further boost mutual ties.

The understanding was reached during a meeting between Commerce and Industry Minister Kamal Nath and New Zealand Minister for Agriculture, Forestry, Bio-Security and Fisheries Jim Anderton here.

The two leaders decided to bring technical cooperation on priority agenda. Besides Commerce Secretary G K Pillai, senior officials of both the countries attended the meeting.

India approved 50 foreign direct investment proposals from New Zealand with an equity participation of over 100 million dollars between August 1991 to June 2007.

Electrical equipments, including computer software and electronics, and metallurgical industries are among sectors which have attracted technology from the Kiwis.

UNI SAA MP BD1553

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