New Delhi, July 10: New Zealand Minister Simon Watts has said that the proposed India–New Zealand Free Trade Agreement (FTA) is expected to unlock substantial economic benefits for both countries by enhancing bilateral trade, attracting investment, and creating new business opportunities.
Watts emphasized that the agreement would strengthen economic cooperation by improving market access and supporting collaboration across sectors such as agriculture, technology, education, renewable energy, and innovation. He noted that the FTA would help businesses expand into new markets while fostering sustainable growth and job creation.
The minister also reiterated New Zealand’s commitment to advancing trade negotiations with India, expressing optimism that the agreement would pave the way for a stronger and more resilient economic partnership.
Once finalized, the India–New Zealand FTA is expected to deepen commercial ties, encourage greater investment, and open new avenues for long-term economic cooperation, reinforcing the growing strategic relationship between the two nations.
