Modi Highlights Benefits of India–New Zealand FTA, Shares Goyal’s Article on Trade Gains and Sector Protection

Modi Highlights Benefits of India–New Zealand FTA, Shares Goyal’s Article on Trade Gains and Sector Protection

Prime Minister Narendra Modi highlights key benefits of the India–New Zealand Free Trade Agreement, sharing Piyush Goyal’s article detailing tariff removal, MSME support, sector protection, and new opportunities for students, professionals, and agricultural investment.

 

Prime Minister Narendra Modi on Monday shared an article authored by Union Commerce and Industry Minister Piyush Goyal in a national daily, outlining the key features and expected impact of the India–New Zealand Free Trade Agreement.

In a social media post, Mr Modi stated that Mr Goyal has detailed how the agreement removes tariffs on Indian exports, providing a significant boost to labour-intensive sectors and strengthening micro, small, and medium enterprises. The Prime Minister emphasized that the agreement has been structured to ensure that sensitive sectors such as agriculture and dairy remain fully protected from external competition.

According to Mr Modi, the article also explains how the agreement expands opportunities for students and skilled professionals, creating new avenues for mobility and employment. He noted that the Free Trade Agreement includes provisions to support agricultural productivity and secure investment commitments, reinforcing long-term economic cooperation between the two countries.

The Prime Minister’s remarks underline the government’s position that the India–New Zealand Free Trade Agreement is designed to balance trade expansion with domestic sector protection, while opening new pathways for economic growth, employment generation, and international collaboration.SA

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