PM Modi, Luxon Seal Historic India-NZ FTA: Farmers to Benefit, Trade to Double!

• India and New Zealand have successfully concluded a Free Trade Agreement (FTA), announced by PM Narendra Modi and NZ PM Christopher Luxon.
• The ambitious agreement, completed in a record 9 months, aims to significantly boost trade, investment, and innovation between the two nations.
• The FTA will particularly benefit farmers, innovators, MSMEs, students, and youth, opening new opportunities in agriculture, education, and technology.
• Both leaders aim to double bilateral trade within five years, with New Zealand potentially investing $20 billion in India over the next 15 years.
• Cooperation extends beyond trade to defense, sports, education, and people-to-people contact, strengthening overall bilateral relations.

Why It Matters: Historic India-NZ FTA finalized, promising economic growth, farmer benefits, and deeper ties.