India and New Zealand sign historic free trade agreement

RNE Network.

India and New Zealand on Monday signed a landmark Free Trade Agreement, marking a major milestone in bilateral ties.

The fast-tracked pact aims to double trade to USD 5 billion in five years by expanding market access, reducing tariffs, and boosting cooperation in goods, services, and labour mobility.

Prime Minister Christopher Luxon hailed the recently signed once-in-a-generation FTA, saying it is going to create jobs, lift wages, and provide more opportunities to Kiwis.