New Zealand Prime Minister Christopher Luxon announced that the newly concluded Free Trade Agreement (FTA) with India will lead to increased jobs, exports, and higher incomes.
Luxon hailed the agreement as a significant economic milestone, providing access to 1.4 billion Indian consumers and eliminating duties on 100% of Indian exports.
The deal, finalized in nine months, includes a $20 billion investment commitment over 15 years and enhances India’s market access in various sectors such as textiles, apparel, and technology. Indian service suppliers are expected to benefit substantially from new opportunities in high-value sectors.
Source – sarkaritel.com
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