India-NZ FTA to Boost Trade, Ties: Simon Watts
New Zealand Minister Simon Watts says the India-New Zealand FTA will strengthen trade and bilateral relations.
Auckland/New Delhi , July 10 (IANS) Calling Prime Minister Narendra Modi's visit a landmark moment in India-New Zealand relations, New Zealand Revenue Minister Simon Watts said on Friday that the signing of the India-New Zealand Free Trade Agreement (FTA) marks a major step forward for bilateral ties, opening significant economic opportunities for both countries while reinforcing their shared commitment to a rules-based international order.
Speaking to IANS in Auckland, Watts said the India-New Zealand Free Trade Agreement (FTA) is a 'major step forward' in bilateral relations and is expected to deliver substantial economic benefits to both nations.
"This is a major step forward in regard to our bilateral relations. It opens up significant economic benefits for both countries. It reinforces two countries with very similar outlooks in regard to rule-based order and a multilateral approach," he said.
