New Zealand PM Christopher Luxon Calls India-New Zealand FTA a Once in a Generation Opportunity

New Zealand Prime Minister Christopher Luxon has described India-New Zealand free trade agreement, FTA as a once-in-a-generation opportunity, underscoring the scale and potential of the Indian market.

In a social media video message, Mr. Luxon pointed to India’s emergence as the world’s most populous nation and a rapidly expanding consumer economy. He noted that with a population of around 1.5 billion and rising income levels, India presents a vast and increasingly affluent market seeking high-quality goods and services.

He said, this deal is extremely exciting for New Zealand as it is going to create jobs, lift wages and provide more opportunities to Kiwis. Mr. Luxon emphasized that the FTA positions New Zealand to align closely with India’s economic trajectory as it transitions toward becoming one of the world’s largest economies.

On April 27, India and New Zealand have finalised a landmark Free Trade Agreement, marking a pivotal moment in their bilateral relationship.