India–New Zealand FTA to Boost Economic Partnership and Investment: Dr. S. Jaishankar
28th April, Mumba/New Delhi – External Affairs Minister Subrahmanyam Jaishankar has described the India–New Zealand Free Trade Agreement (FTA) as a “historic milestone” in bilateral relations. He said it marks the beginning of a new chapter in economic cooperation, strategic trust, and future partnership between the two countries. After years of negotiations, India and New Zealand finally concluded the FTA on April 27. Under the agreement, 100% of Indian exports to New Zealand will receive tariff-free access. Meanwhile, tariffs on 95% of goods coming from New Zealand to India will either be eliminated or significantly reduced. The agreement was signed in the presence of Commerce Minister Piyush Goyal and New Zealand’s Commerce Minister Todd McClay. Following the agreement, EAM Jaishankar wrote on social media platform X, “The signing of India - New Zealand Free Trade Agreement today is a landmark for our ties. The FTA will forge stronger economic partnerships, boost investme...