BREAKING: India & New Zealand Seal Historic Trade Deal
Two nations just wrapped up a massive Free Trade Agreement in record time, just 9 months of negotiations.
Here's what you need to know:
→ 95% of export tariffs reduced or removed
→ Opens access to 1.4 billion Indian consumers
→ Trade expected to grow by $1.1B-$1.3B annually
→ Current bilateral trade sits at $2.4 billion
PM Modi and PM Luxon confirmed the deal after a phone call today.
This makes it one of the fastest trade deals India has ever closed with a developed nation.
Big moves in global trade.