Current Affairs - International - Discussion

India concluded a Free Trade Agreement with New Zealand to strengthen economic cooperation, improve market access, and encourage long-term investment. The agreement is projected to attract around $20 billion in investment over 15 years and aims to double bilateral trade within five years. While New Zealand receives tariff concessions on a large share of its exports, India protected sensitive domestic sectors such as dairy, sugar, onions, spices, and edible oils. This pact reflects India’s strategic approach to trade expansion while safeguarding key national interests.