India and New Zealand, under the leadership of PM
@NarendraModi ji and PM of New Zealand Mr.
@ChrisLuxonMP, have signed the
#IndiaNZFTA, Indiaโs first women-led Free Trade Agreement and a defining milestone in our bilateral economic journey.
Successfully concluded in a record nine months, with the steadfast efforts of New Zealand Trade Minister Mr.
@ToddMcClayMP and both negotiating teams, this landmark agreement reflects deep mutual trust, shared ambition, and a common commitment to prosperity.
It grants 100% duty-free access for Indian exports to New Zealand, opening significant opportunities for MSMEs, farmers, women, youth, professionals and job-creating sectors, while safeguarding Indiaโs sensitive interests through a balanced and calibrated framework.
This forward-looking agreement will also facilitate $20 billion of investment into India, deepening our cooperation in trade, services, investment, innovation, mobility, agriculture productivity and education, and creating pathways for skilled talent and students.
A truly win-win partnership that advances the vision of Viksit Bharat, strengthens India-New Zealand ties, and sets a new benchmark for inclusive and trusted global cooperation. ๐ฎ๐ณ๐ค๐ณ๐ฟ