NZ PM Luxon Hails India FTA: More Jobs, Higher Incomes, Access to 1.4 Billion Consumers

India
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Moneycontrol•27-12-2025, 10:01
NZ PM Luxon Hails India FTA: More Jobs, Higher Incomes, Access to 1.4 Billion Consumers
- •New Zealand PM Christopher Luxon lauded the landmark FTA with India, predicting increased jobs, higher incomes, and expanded export opportunities.
- •The agreement grants duty-free access for Indian exports in sectors like textiles, apparel, and gems, supporting workers and MSMEs.
- •India secured commitments in high-value services including IT, education, and financial services, creating new opportunities.
- •The FTA is one of India's fastest-concluded, aligning with Viksit Bharat 2047, and is India's first women-led FTA.
- •PM Narendra Modi hailed the deal as a historic milestone for India-New Zealand relations and bilateral trade.
Why It Matters: New Zealand PM Luxon highlights the India FTA's potential for jobs, income, and market access for both nations.
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