India and New Zealand have signed five agreements in the fields of Defence, Education, Sports, Horticulture, and Forestry. Both sides also exchanged the Authorized Economic Operator Mutual Recognition Agreement.
- New Zealand has joined the Indo-Pacific Oceans Initiative and has become a member of the Coalition for Disaster Resilient Infrastructure.
Indo-Pacific Oceans Initiative (IPOI)
- The Indo-Pacific Oceans Initiative (IPOI) was announced by Prime Minister Narendra Modi at the 14th East Asia Summit on 4 November 2019 at Bangkok.
- It has seven pillars: Maritime Ecology Maritime Security Marine Resources Capacity Building and Resource Sharing Disaster Risk Reduction and Management Science, Technology and Academic Cooperation Trade, Connectivity and Maritime Transport.