According to media sources, New Zealand Prime Minister Christopher Luxon has termed the newly finalized Free Trade Agreement (FTA) between India and New Zealand as a once-in-a-generation opportunity, highlighting the immense potential of the Indian market. In a social media message, Luxon emphasized India’s status as the world’s most populous nation with a rapidly expanding consumer economy, noting that its population of 1.5 billion and rising income levels create a significant demand for high-quality goods and services.
According to media reports, the Prime Minister expressed that this landmark deal, finalized on April 27, is highly promising for New Zealand as it is expected to generate employment, increase wages, and provide extensive opportunities for Kiwis. Luxon stressed that the FTA aligns New Zealand closely with India’s economic trajectory, positioning the nation to benefit as India transitions toward becoming one of the largest economies in the world.
Image source: New Zealand Prime Minister’s Office
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