Calling the pact ‘a bad deal for New Zealand,’ Peters said the government had rushed into a low-quality agreement rather than using the full parliamentary term to negotiate better outcomes.
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Moneycontrol23-12-2025, 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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