New Zealand Prime Minister Christopher Luxon today announced that India and New Zealand are set to sign a long-awaited Free Trade Agreement (FTA) next week, marking a significant step in deepening bilateral economic ties.

Projecting the deal as a major economic breakthrough, Mr. Luxon said, the agreement will open up access for New Zealand exporters to country’s vast market of 1.4 billion consumers. Underscoring the political and economic significance of the pact, he said, the deal fulfills a long-standing commitment.