India, New Zealand signed Air Services Agreement
On 1 May 2016 India and New Zealand signed an Air Services Agreement which will introduce direct flights between the two countries.
• The agreement was signed in the presence of the President Pranab Mukherjee and the New Zealand Prime Minister John Key.
• Mukherjee was on an official tour to Papua New Guinea (April 28-29, 2016) and New Zealand (April 30 to May 2, 2016).
• The agreement will lead to easier connectivity that has halted both business travel and people-to-people contact in the past.
• Business, Education and Tourism sector has boomed between India and New Zealand in recent years.
• There are nearly 175000 Indians in New Zealand of which about 15000 are Indian students.
• The two-way trade has doubled between the two countries in the last few years.
• The two-way tourist traffic has also witnessed rise