New Delhi, April 27 -- India and New Zealand on Monday signed a free trade agreement (FTA) aimed at boosting two-way trade and investment, Union Commerce and Industry Minister Piyush Goyal said. The deal was signed in the presence of visiting New Zealand Trade and Investment Minister Todd McClay.

In a post on social media platform X, Goyal called the agreement "India's first women-led" FTA and a "defining milestone" in the bilateral economic journey between the two countries. He added that the deal was concluded in nine months and "reflects deep mutual trust, shared ambition, and a common commitment to prosperity."

According to Gautam Khattar, Principal at Price Waterhouse & Co LLP, the India-New Zealand FTA is a significant miles...