'Bad Deal': NZ Foreign Minister Peters Attacks India FTA, Vows to Vote Down

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Moneycontrol•23-12-2025, 17:01
'Bad Deal': NZ Foreign Minister Peters Attacks India FTA, Vows to Vote Down
- •NZ Foreign Minister Winston Peters calls the India-NZ FTA "neither free nor fair" and a "bad deal."
- •His party, New Zealand First, will oppose the agreement in Parliament, citing concessions on immigration.
- •Major dairy products (milk, cheese, butter) are excluded from tariff reductions, harming NZ's rural sector.
- •Peters criticizes new employment visas and expanded work rights for Indian students, fearing migration impact.
- •Despite opposition to the FTA, Peters affirms commitment to strengthening India-NZ relations.
Why It Matters: NZ Foreign Minister Winston Peters and his party will vote against the India FTA, deeming it a "bad deal."
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