Prime Minister Narendra Modi on Monday underscored the economic and strategic significance of the India-New Zealand Free Trade Agreement (FTA), stating that the pact would eliminate tariffs on Indian exports, strengthen labour-intensive sectors, and create new avenues for students and skilled professionals while ensuring robust protection for sensitive domestic industries such as agriculture and dairy.
Union Minister for Commerce and Industry Piyush Goyal on Sunday urged Industry to leverage education, talent mobility, and cross-sector opportunities under India-New Zealand Free Trade Agreement (FTA).
New Zealand Prime Minister Christopher Luxon on Friday announced that India and New Zealand are set to sign the historic Free Trade Agreement (FTA) on Monday.
External Affairs Minister S Jaishankar on Monday discussed with top European Union officials the next steps in the implementation of the Free Trade Agreement (FTA) which was finalised by the two sides in January.
Noting that India and Israel are moving forward to sign a Free Trade Agreement (FTA), Azar stated that the ties between the two countries will also be advanced in other sectors like transportation, water, agriculture and academic cooperation.
"Europe is already India's biggest trading partner, and we are committed to finalising our Free Trade Agreement by the end of the year. Europe is open for business. And we are ready to invest in our shared future with India," the European Commission President said.
A team of officials from the office of US Trade Representative led by Chief Negotiator, India-US Bilateral Trade Agreement negotiations, Brendan Lynch visited India.
India is looking forward to the continued dialogue, Goyal said after meeting Maros Sefcovic, Commissioner for Trade and Economic Security, Interinstitutional Relations and Transparency, European Union.
“Looking forward to a robust, fair and equitable, balanced, mutually balanced and win-win partnership in terms of an endearing Free Trade Agreement which will strengthen the relationship between Europe and India,” he added.
Union Commerce and Industry Minister Piyush Goyal said a balanced and mutually beneficial Free Trade Agreement (FTA) between India and the European Union (EU) will unlock new opportunities.
