PM Modi highlights Piyush Goyal’s vision on India-New Zealand Free Trade Agreement

Prime Minister Narendra Modi on Tuesday drew attention to a comprehensive article by Union Minister Piyush Goyal that sheds light on the expanding role of India’s Free Trade Agreements (FTAs) in driving economic growth and improving the lives of millions.

“In this insightful article, Union Minister Shri Piyush Goyal explains that India’s FTAs today go well beyond tariff reductions, forming part of a broader mission to strengthen the economy and improve the lives of millions,” PM Modi said in a post on the social media platform X.

Advertisement

In his write-up, Minister Goyal elaborates that India’s FTAs are now a pivotal tool for inclusive growth, extending benefits across various segments of society. He highlighted the India-New Zealand FTA as a landmark achievement, noting it as India’s first women-led FTA, with nearly the entire negotiating team composed of women.

Calling the #IndiaNZFTA “a win-win deal,” Goyal wrote, “This trade deal marks a significant leap in PM Narendra Modi ji’s trade diplomacy. By creating greater opportunities for small businesses, students, women, farmers, and youth across India, the FTA will open new avenues for growth and cooperation.”

The India-New Zealand Free Trade Agreement represents a strategic effort to deepen bilateral trade, promote sustainable development, and empower historically underrepresented groups in the economy. It is expected to ease market access, boost exports, and encourage innovation and entrepreneurship.

Prime Minister Modi’s endorsement of Goyal’s article signals the government’s dedication to trade policies that strengthen economic ties while fostering social inclusion and gender representation in critical negotiations.

As India broadens its global trade engagement, the India-New Zealand FTA sets a precedent for future agreements that balance economic advancement with inclusive development.