The agreement will require ratification by both countries before it can be implemented, with India expected to complete the process through executive approval, while New Zealand will require parliamentary clearance, which could take several months.

India–New Zealand sign ‘historic’ FTA: $20 bn investment, trade and mobility to expand

The trade pact marks the second FTA India has finalised this month, after Oman. It is expected to double bilateral trade between India and New Zealand over the next five years. 

India, New Zealand announce conclusion of Free Trade Agreement

Speaking at an event, Luxon congratulated Team India for lifting the Women’s World Cup and also slipped in a cheeky line that made everyone laugh. He was speaking in Auckland, where he met India’s Union Minister Piyush Goyal. 

‘As long as someone beats ..’: New Zealand PM jokes while congratulating India on World Cup win

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India–New Zealand sign ‘historic’ FTA: $20 bn investment, trade and mobility to expand

India, New Zealand announce conclusion of Free Trade Agreement

‘As long as someone beats ..’: New Zealand PM jokes while congratulating India