India and New Zealand have decided to start detailed negotiations on a mutually beneficial free trade agreement, Indian Prime Minister Narendra Modi said on Monday after talks with his New Zealand counterpart Christopher Luxon.

India and New Zealand have restarted free trade talks a decade after negotiations fell apart, as Prime Minister Christopher Luxon began his five-day tour of Delhi. He is scheduled to meet Indian Prime Minister Narendra Modi later in the day. The two sides have agreed to begin the first round of negotiations next month.

Indian Prime Minister Narendra Modi and his New Zealand counterpart, Christopher Luxon, met Monday seeking to deepen their defense and economic ties, a day after the countries announced the revival of negotiations for a free trade agreement.