India welcomes New Zealand's legislation to implement India-New Zealand FTA

India has welcomed New Zealand's legislative action to implement the India-New Zealand Free Trade Agreement (FTA). The move follows New Zealand's completion of its domestic parliamentary procedures required to operationalize the trade pact between the two nations.

The bilateral trade agreement aims to enhance commercial ties and expand market access for goods and services between India and New Zealand. Implementation of the FTA is expected to facilitate smoother trade flows and strengthen economic cooperation between the two countries.