Explained: This article explains the political background, key decisions, and possible outcomes related to Explained : Watch: Prime Minister and Trade Minister on deal with India and Its Impact and why it matters right now.
Prime Minister Christopher Luxon and Trade Minister Todd McClay have confirmed the conclusion of free trade negotiations with India.
The deal contains significant wins for several industries but limited gains for dairy.
Negotiations were formally launched in March.
Christopher Luxon with Indian PM Narendra Modi during a meeting last year.
Photo: Supplied / Prime Minister’s office
Luxon visited India for four days in April, and Trade Minister Todd McClay has been on several trips there since.
Two-way trade between the two countriesy totals about $3.14 billion a year. About $718m of that is exports from New Zealand, primarily wool, logs and apples.
Read the full story here and watch the media conference at the top of this page.
Sign up for Ngā Pitopito Kōrero, a daily newsletter curated by our editors and delivered straight to your inbox every weekday.