New Delhi, Jan. 20 -- New Zealand Prime Minister Christopher Luxon has said that the recently concluded Free Trade Agreement (FTA) with India will enhance business competitiveness and drive economic growth. Delivering the 2026 State of the Nation speech, Luxon highlighted that the deal, finalised in less than a year, serves as a primary driver for domestic job creation and wage increases.

The Prime Minister stated that the agreement eliminates and reduces tariffs on 95 per cent of New Zealand's exports, with approximately 57 per cent becoming duty-free immediately upon the agreement coming into force.

"When many said it was impossible, we just got on with the job of concluding a landmark free trade agreement with India in less than a ye...