57% exports to India will be free of tariffs: New Zealand PM’s big announcement
‘Tariff-free from day one’: New Zealand PM’s big announcement ahead of Modi visit
Highlighting the economic benefits of the agreement, Luxon said 57 per cent of Wellington’s exports to New Delhi would be “tariff free from day one”
In a post on X, Luxon said, “New Zealand businesses are set to boom with our India Trade Deal. 57 per cent of everything we export to India will be tariff free from day one.”
During his stay in Auckland, Modi is scheduled to hold bilateral talks with his Australian counterpart Luxon and review the full spectrum of ties between the two countries.
According to a government release, Prime Minister Narendra Modi’s visit will focus on strengthening cooperation across key sectors, including trade, commerce and defence. The Prime Minister’s Office said bilateral ties have gained “significant momentum in recent years”, particularly in these areas.
During his stay in Auckland, Modi is also expected to interact with leading business and sports personalities and address a large gathering of the Indian diaspora, reflecting the strong people-to-people links between the two countries.
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