MoU between India and New Zealand
Source: PIB
GS II: International Relation
Overview
- About MoU
- India-New Zealand Relations
Why in News?
The Government of India and the Government of New Zealand have signed a Memorandum of Understanding (MoU) to boost cooperation in civil aviation. This will cover the scheduling of new routes, code share services, traffic rights and capacity entitlement.
About MoU
- The MoU will cover the scheduling of new routes, code share services, traffic rights and capacity entitlement.
- It will boost the bilateral ties in civil aviation between the two countries.
- An Air Services Agreement was signed between New Zealand and India in 2016.
- The designated airline(s) of New Zealand may operate any number of services with any type of aircraft, with third and fourth freedom traffic rights to/from six points in India.
- The third freedom is the right to carry passengers or cargo from one’s own country to another.
- The right to carry passengers or cargo from another country to one’s own is the fourth freedom.
- Both parties may operate any number of all-cargo services with any type of aircraft with 3rd, 4th and 5th freedom traffic rights to/from any points in the territory of the other party via any intermediate point(s) and to any beyond point regardless of its mention in the Route Schedule.
- The 5th freedom is the right to carry passengers from one’s own country to a second country, and from that country onward to a third country (and so on).
India-New Zealand Relations
Trade and Economic Ties
- Trade between India and New Zealand has been growing steadily.
- Both countries are members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which has facilitated trade.
- Key trade items include agricultural products, machinery, textiles, and information technology services
Sports
- Cricket is a shared passion between the two countries.
- India and New Zealand have competitive cricket teams, and matches between them often generate excitement among fans.
Indian Community
- 175,000-strong Indian Diaspora about 140,000 persons are estimated to be of Indian origin, while 35,000 persons are estimated to be of Indian descent.
- They mainly hail from Gujarat and Punjab.
- They are concentrated in Auckland, Hamilton, Wellington and Christchurch.
- Most of them are engaged in grocery business and dairy farming.
- There are also several professionals including doctors, professors, engineers, chartered accountants and computer experts.
- Most people of Indian origin have acquired New Zealand citizenship.
- There are Indian Associations in ten major towns, which help the community nurture its cultural heritage.
Cooperation in education sector
- The Indian Institute of Technology, Delhi signed a MoU with NZ universities to establish a NZ Centre at the Institute, which was inaugurated by the then DPM and Foreign Minister of NZ Winston Peters.
- The Centre will be a hub of collaboration between the academic institutions of two countries in areas such as cancer, waste management, cyber security, robotics, autonomous vehicles and medical technology.
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