New Zealand and India launch Free Trade Agreement

New Zealand Prime Minister Christopher Luxon met with Indian Prime Minister Narendra Modi in New Delhi. After their meeting, Luxon expressed gratitude to Modi for their discussions. Luxon is on a five-day visit to India and is working to strengthen the ties between the two countries. During his visit, Luxon attended the Raisina Dialogue and delivered a keynote speech. He also met with Indian President Droupadi Murmu. The main focus of their talks was on boosting economic cooperation and trade, as well as addressing regional security concerns. A key outcome of the meeting was the launch of a Free Trade Agreement (FTA) between the two nations. Luxon highlighted India's fast-growing economy and its potential to become the third largest in the world in the next decade. He stated that this agreement will help improve New Zealand's economy and benefit its citizens. In addition to the FTA, both countries announced a new Defence Cooperation Arrangement. Luxon emphasized New Zealand's commitment to regional security. He noted that discussions included enhancing New Zealand's presence in various sectors, such as education, technology, and tourism. The visit also resulted in the advancement of several business agreements, reflecting increased partnerships between Indian and New Zealand companies.