
New Zealand Prime Minister Christopher Luxon announced the conclusion of a Free Trade Agreement with India, a deal he stated will create more jobs, higher incomes, and boost exports by opening access to 1.4 billion consumers. This agreement, one of India's fastest-ever trade deals, aims to double bilateral trade to USD 5 billion within five years and unlock significant investment. Negotiations concluded in nine months, reflecting strong political will from both nations. The FTA is expected to be signed in the first half of 2026.