The burgeoning relationship between New Zealand and India is characterised by a multifaceted partnership spanning economic, cultural, educational, and strategic domains. This blog explains how New Zealand’s increasing engagement with India fosters mutual benefits and understanding, underpinned by a robust and diverse framework of collaborative initiatives, instilling confidence and reassurance about the relationship’s future.
- Developing India-Capable New Zealanders:
- Cultural Navigators: With a significant Indian diaspora of 221,916 people, New Zealand benefits from a wealth of cultural insight and business acumen that enhances its engagement strategies with India.
- Economic and Trade Dynamics:
- Bilateral Trade Volume: As of September 2019, the bilateral trade between New Zealand and India reached $2.6 billion, signalling strong economic ties.
- Global Competitiveness:
- New Zealand ranks 1st out of 190 economies for Ease of Doing Business, showcasing its business-friendly environment.
- It stands 5th in the Asia-Pacific region for Innovation, highlighting its progressive technological landscape.
- It is 3rd out of 139 nations globally for creativity, reflecting its vibrant cultural and creative sectors.
- New Zealand is 2nd worldwide in prosperity and peacefulness, indicating a high quality of life and stable sociopolitical environment.
- It leads to a lack of corruption and budget transparency globally, making it an attractive destination for international investors and businesses.
- Cultural and Sporting Connections:
- Sporting Links: The shared passion for cricket and other sports provides a common ground for people-to-people connections and international camaraderie.
- Cultural Richness: New Zealand’s multiculturalism, enriched by the significant Indian community, contributes to a vibrant and diverse cultural landscape, fostering a sense of warmth and inclusivity.
- Māori Cultural Economy: Valued at $40 billion and growing faster than the national average, Māori businesses offer unique opportunities for collaboration with Indian enterprises in areas like arts, culture, and environmental sustainability.
- Language and Educational Bridges:
- Linguistic Ties: Hindi, the 5th most spoken language in New Zealand, facilitates educational and cultural exchanges, enhancing mutual understanding and cooperation.
- Visa and Mobility Trends:
- NZ Visitor Visas:
- 2022-23: 70,454 approved
- 2023-24 (July’ 23-Mar’24): 70,196 approved
- NZ Resident Visa Applications:
- 2022-23: 8,257 applications accepted
- 2023-24 (July’ 23-Mar’24): 1,680 applications accepted
- NZ Work Visas Decided:
- 2022-23: 29,665 applications
- 2023-24: 28,444 applications
- NZ Student Visas Decided:
- 2022-23: 8,356 approved
- 2023-24: 13,748 approved
- NZ Visitor Visas:
Conclusion:
The expanding ties between New Zealand and India represent a powerful convergence of economic interests, cultural values, and educational ambitions. This partnership strengthens each nation’s global standing and promotes deeper intercultural understanding and economic growth, instilling a sense of optimism and hope for a prosperous shared future.
Reference
https://www.mfat.govt.nz/en/countries-and-regions/asia/
https://www.immigration.govt.nz/documents/statistics/
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