India-New Zealand FTA to take effect, PM Christopher Luxon says: ‘Big day for kiwifruit exporters’, reduced tariffs | Today’s news

New Zealand Prime Minister Christopher Luxon has announced that the historic Free Trade Agreement (FTA) between New Zealand and India has officially entered into force today.

Prime Minister Christopher Luxon tweets X: “As of today, our historic FTA with India is in place. Working closely with Prime Minister Narendra Modi, we have struck a deal that will help grow both our economies. Starting today, Kiwi businesses can reach over a billion more customers with significantly reduced tariffs. This means it’s easier for Kiwis to hire and create higher wages, sell more machines and sell more workers. Kiwi That’s more money, that flow into Kiwi communities, that’s why National is rushing to the world stage and doing business deals.”