India-New Zealand FTA: Free-trade deal (India-New-Zealand FTA) has been confirmed between India and New Zealand. This will obviously boost bilateral trade between the two countries. However, New Zealand’s Foreign Minister Winston Peters is not liking this deal. He has called it ‘nonsense’. Criticizing the FTA between India and New Zealand, Peters said that ‘it is neither free nor fair.’ Along with this, he warned that whenever this deal goes to the Parliament, his party will oppose it.

What is the Foreign Minister regretting about?

Posting on social media platform He said the deal was bad for New Zealand because it had ‘a lot to lose’, especially on immigration. He said that New Zealand citizens are not getting anything special in return from this deal, including dairy.

Let us tell you that in this deal between the two countries, India has kept dairy products (milk, ghee, butter, cheese, cream) out of the scope of FTA, keeping the interest of the farmers at the forefront. That means the tariff on this will not be reduced. Union Minister Piyush Goyal has also said that India will never open its dairy sector for open trade because it supports the livelihood of about 70 million small farmers.

No compromise with dairy sector

New Zealand is one of the world’s largest exporters of dairy products. New Zealand has been trying to increase its reach in India’s dairy products market for a long time. There are lakhs of small dairy farmers in India. In such a situation, no compromise can be made on this sector so that there is no impact on the security of this sector and the livelihood of these farmers.

Keeping this in mind, the trade of dairy products between the two countries is limited. Dairy exports from New Zealand to India in FY2025 stood at only $1.07 million. This included milk and cream worth $0.40 million, natural honey worth $0.32 million, mozzarella cheese worth $0.18 million, butter worth $0.09 million and skimmed milk worth $0.08 million. The trade deal between India and America is also stuck on this issue. America wants India to open its dairy products market for them, but India is against it.

benefit to the common man

This free-trade deal between India and New Zealand will directly impact the pockets of the common man. With this, many things coming from New Zealand will become cheaper, including many fresh fruits like apple and kiwi, wool and its products, furniture, wood etc. Under the agreement, there will be no tax on 95 percent of the goods coming from New Zealand to India. In such a situation, this is a great opportunity for New Zealand businessmen to increase their reach in the Indian markets. Also, if foreign products become cheaper for the middle class families of our country, they will also get relief.

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Foreign Secretary Vikram Misri was questioned on Friday whether the issue of China was raised in the meeting of Prime Minister Narendra Modi and Maldives President Mohammad Mujju? In response to this, he said that Maldives has expressed his commitment to cooperation with India, describing the issues related to security as important.

Maldives’ security is necessary to cooperate with India
Vikram Misri said that President Mujju clarified that Maldives takes security related matters seriously and cooperation on it will continue between the two countries. He informed that there is constant communication and contact between the security agencies of India and Maldives.

VIDEO | Maldives: when asked if China featured in the modi-muizzu talks, mea foreign secretary vikram misri said, “The President Expressed His Commitment to the Maldives ATATACHES TO Security-Related issues and the Commitment of Both Sides to Continue Working… pic.twitter.com/y9pp2Pelif

– Press Trust of India (@Pti_News) July 25, 2025

Discussion on trade, defense and maritime security
Prime Minister Modi held extensive conversations with Mujju during a two -day visit to Maldives. The two leaders insisted on further deepening the partnership in important areas like trade, defense and maritime security.

India-Maldives will continue to work on shared security interests
Vikram Egyptian said that India will continue to work with Maldives on all the subjects that can affect regional security. There is a constant and higher dialogue between security agencies.

40% relief in loan payment
Vikram Egyptian informed that under the important agreement reached after the meeting, the debt that Maldives has to pay for India every year will decrease by 40 percent.

“Our relations are older than history” – PM Modi
PM Modi said in the press briefing that the relations between India and Maldives are as deep as the sea and older than history. He said, “Friendship always comes to us first.” He also said that the friendship between India and Maldives will remain bright and clear in every situation.

Line of credit and trade agreement of ₹ 4,850 crore
India announced financial assistance of ₹ 4,850 crore to Maldives. Apart from this, it has been agreed to finalize the free trade agreement between the two countries soon.

Prime Minister Narendra Modi has reached London on a historic visit to the United Kingdom, where he will stay for the next 24 hours. During this time he will meet Britain’s Prime Minister Kir Stmper. The two leaders will sign the historic British-India Trade Agreement (FTA). This free trade agreement is estimated to increase the Bilateral trade by 25.5 billion pounds.

This will be Britain’s second largest bilateral trade agreement after leaving the European Union. FTA will bring significant improvement in market access to the industry of both countries and due to this, products and services are expected to be cheaper for consumers. Indian business and Indian consumers will benefit the most after the free trade agreement is signed.

Which goods will be cheap?
Britain’s beverages, cosmetics, expensive cars, tariffs on medical equipment will be reduced. According to sources, the average tariff will decrease from 15 percent to 3 percent. Apart from this, India’s exports will increase further after this deal. According to a data from the British High Commission, Britain currently imports 11 billion pounds from India. That is, after the reduction in tariff rates, exports in Indian businesses in Britain will be boosted.

A spokesman for the British High Commissioner said in a statement that after this trade deal, the UK’s clean energy industry will have access to the Indian procurement market. Apart from this, about 26 British companies of UK have announced new businesses. Airbus and Rolls-Royce will soon start supply of Airbus aircraft to the major Indian airlines, which will operate more than half of the Rolls-Royce engine.

India-AK 2035 Vision will be launched
During PM Modi’s visit to London, India-AK 2035 vision between India and UK will also be launched. It is believed that this vision will take India and the UK relations to new heights in the rapidly changing global era. The Indo-UK 2035 vision will strengthen prosperity and innovation by moving beyond the ambitious new approach business. Apart from this, it will strengthen India-UK’s mutual commitment to deepen defense cooperation, deal with climate change and promote educational relations.

What did the British PM say?
When PM Modi and the UK PM meet in London, the India-UK technology is said to be a possible discussion on further strengthening national security by using technology and by shaping future technology on completion of the signing of the security initiative.

Regarding Prime Minister Modi’s visit to UK, the UK Prime Minister Kir Stmper said that the business agreement with India is historic. This will create thousands of jobs in the whole of Britain. New opportunities will open for businesses and development will be accelerated in every corner of the country, so that our change plan can be realized.

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