PM Modi Welcomes India–New Zealand FTA, Luxon Calls It 'Historic Milestone'

Last Updated:April 27, 2026, 16:50 IST

PM Modi highlighted that the agreement will greatly benefit our farmers, youth, women, MSMEs, artisans, startups, students and innovators.

Prime Minister Narendra Modi on Monday welcomed the signing of the India–New Zealand Free Trade Agreement, calling it a landmark moment in bilateral ties and a major step towards deeper economic cooperation.

In a post on X, PM Modi said, “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.

The Prime Minister further highlighted that the 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," he said.

New Zealand Prime Minister Christopher Luxon also described the agreement as a significant milestone in relations between the two countries. In his post on X, Luxon said, “Today, we mark a historic milestone in the relationship between India and New Zealand: the signing of our Free Trade Agreement.

News india PM Modi Welcomes India–New Zealand FTA, Luxon Calls It 'Historic Milestone'

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