New Delhi, April 27 -- India and New Zealand have signed a landmark Free Trade Agreement (FTA), granting market access across 70.03% of tariff lines while keeping 29.97% under exclusion.
Describing the pact as transformative, New Zealand Prime Minister Christopher Luxon said the agreement marks a breakthrough after years of stalled efforts.
Luxon said, "We agreed then, that we'd launch negotiations on a free trade agreement. For decades, many people said it couldn't be done. But tonight, that deal gets signed."Taking it to social media platform X, "This is a once-in-a-generation agreement that gives NZ exporters unprecedented access to 1.4 billion people and an economy set to become the third-largest in the world. It means more jobs on fa...