PM Modi praises India-New Zealand FTA as landmark moment and it will add unprecedented momentum to developmental partnership

NEW DELHI : The Prime Minister, Shri Narendra Modi, on Monday hailed the India-New Zealand Free Trade Agreement (FTA) as a landmark moment in the partnership between the two countries. He said that the agreement will add unprecedented momentum to the developmental partnership and reflects the deep trust, shared values and ambition that bind the two nations.

The Prime Minister noted that the FTA will greatly benefit farmers, youth, women, MSMEs, artisans, startups, students and innovators. He added that it will open new avenues for growth, create opportunities and deepen synergy across sectors.

Shri Modi further highlighted that the investment commitment of $20 billion by New Zealand will strengthen cooperation in agriculture, manufacturing, innovation and technology, paving the way for a more prosperous and dynamic future for both countries.

The Prime Minister posted on X; “Today marks a landmark moment in the India-New Zealand partnership! I am delighted that the India-New Zealand FTA signed today will add unprecedented momentum to our developmental partnership. It reflects the deep trust, shared values and ambition that bind our two nations. This agreement will greatly benefit our farmers, youth, women, MSMEs, artisans, startups, students and innovators. It will open new avenues for growth, create opportunities and deepen our synergy across sectors. The investment commitment of $20 billion by New Zealand will further strengthen our cooperation in agriculture, manufacturing, innovation and technology, paving the way for a more prosperous and dynamic future for both countries.“

The Prime Minister, Shri Narendra Modi, has added an article written by Union Minister, Shri Piyush Goyal. The article elaborates that the India–New Zealand Free Trade Agreement removes tariffs on Indian exports, boosting labour-intensive sectors and strengthening MSMEs, while ensuring that sectors such as agriculture and dairy remain fully protected. It further highlights that the agreement expands opportunities for students and skilled professionals, along with support for agricultural productivity and investment commitments.

The Prime Minister’s Office posted on X; “Union Minister Shri @PiyushGoyal elaborates how the India-New Zealand FTA removes tariffs on Indian exports, boosting labour-intensive sectors and strengthening MSMEs, while ensuring that sectors like agriculture and dairy remain fully protected. The FTA also expands opportunities for students and skilled professionals, alongside support for agricultural productivity and investment commitments.”