Wellington, April 29 -- In a landmark development for Indo-Pacific economic relations, New Zealand and India have finalised a historic Free Trade Agreement (FTA), hailed by leadership in both nations as a transformative milestone. While Wellington views the pact as a critical gateway to the world's most populous consumer base, New Delhi has framed the deal as part of an unprecedented surge in its global trade diplomacy, with further major agreements with the US and EU on the horizon.

In a video address shared on the social media platform X on Wednesday, New Zealand Prime Minister Christopher Luxon highlighted the immense scale of the Indian market. "Well, look, you've probably heard about the Indian FTA getting signed in India over the w...