Union Minister Piyush Goyal asserts India, New Zealand FTA reflects growing strategic importance of India in world geopolitics

India and New Zealand will formally sign the Free Trade Agreement (FTA) in New Delhi this afternoon. The signing ceremony will be presided over by the Union Minister for Commerce and Industry, Piyush Goyal and New Zealand’s Minister for Trade and Investment, Todd McClay. The agreement was finalised in December last year.
 
Addressing the India-New Zealand Business Forum today, Mr Goyal said that the FTA reflects the shared trust between the two nations and sets the stage for doubling the bilateral economic trade. He underlined that the agreement will build various opportunities for the farmers, entrepreneurs, students, women, and innovators by benefiting trade, tourism, research and development, education, innovation, and the services sector.
 
Mr Goyal asserted that the FTA reflects the growing strategic importance of India in world geopolitics. He further mentioned that the agreement will drive modern agricultural productivity, opening doors for Indian businesses in the region through well-integrated directional exports and providing the youth choices to learn, work and grow on a global stage.