New Delhi, April 27 -- Prime Minister Narendra Modi on Monday underscored the economic and strategic significance of the India-New Zealand Free Trade Agreement (FTA), stating that the pact would eliminate tariffs on Indian exports, strengthen labour-intensive sectors, and create new avenues for students and skilled professionals while ensuring robust protection for sensitive domestic industries such as agriculture and dairy.

In a statement shared on X, Modi highlighted Commerce and Industry Minister Piyush Goyal's detailed explanation of the agreement's benefits, noting that the FTA is designed to bolster India's micro, small and medium enterprises (MSMEs) and enhance the competitiveness of Indian goods in global markets. "Union Minister S...