New Delhi, 27 April. Prime Minister Narendra Modi on Monday expressed happiness over the Free Trade Agreement (FTA) between India and New Zealand, terming it historic and saying that it will open new avenues of development.
Reposting New Zealand Prime Minister Christopher Luxon’s post on social media platform ‘X’, PM Modi said, ‘Today is a historic moment in the India-New Zealand partnership. I am pleased that the India-New Zealand FTA signed today will provide unprecedented momentum to our development partnership. It reflects the deep trust, shared values and ambition that bind our two countries.
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.…
— Narendra Modi (@narendramodi) April 27, 2026
Prime Minister Modi said, ‘This agreement will greatly benefit our farmers, youth, women, MSMEs, artisans, startups, students and innovators. This will open new avenues of development, create opportunities and deepen our coordination in various fields. The commitment to invest $20 billion by New Zealand will further strengthen our cooperation in the areas of agriculture, manufacturing, innovation and technology, paving the way for a more prosperous and dynamic future for both countries.’
New Zealand’s PM Luxon said – this is a once in a generation agreement
Earlier, New Zealand Prime Minister Christopher Luxon posted on social media platform X and wrote, ‘A little more than a year ago I met Prime Minister Modi in India. Then we agreed that we would start negotiations on a free trade agreement. For decades, many people said it couldn’t happen, but today that deal was signed.
He added: ‘This is a once-in-a-generation deal that gives New Zealand exporters never before access to 1.4 billion people and creates an economy that is set to become the third largest in the world. This means more jobs in farms and orchards. “It means more money coming into the local community and it means more opportunities for your family to get ahead.”
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