NEW Zealand’s Prime Minister Christopher Luxon on Sunday said that New Zealand will sign a Free Trade Agreement (FTA) with India on Monday, calling it a “once in a generation agreement” that will open access to one of the world’s largest markets for Kiwi exporters.
In a post on social media, Luxon said, “New Zealand’s Free Trade Agreement with India will be signed on Monday night,” while sharing a video outlining the expected benefits of the deal.
In the video message, he highlighted the scale of the opportunity, stating, “We are signing a Free Trade deal with India that opens one of the biggest markets in the world to Kiwi exporters.
“He underlined that the agreement would give exporters access to India’s large consumer base and fast-growing economy.
“It’s a once-in-a-generation agreement that gives New Zealand exporters unprecedented access to 1.4 billion people, in an economy that is set to become the third largest in the world,” he said. Luxon also stressed that the deal would improve New Zealand’s competitive position globally.
ANI
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