New Delhi, Dec 27 (IANS) A Free Trade Agreement (FTA) with India will add more employment, exports, and raise incomes, said New Zealand Prime Minister Christopher Luxon on Saturday.He said this as India and New Zealand concluded a comprehensive and long-awaited FTA, marking a major economic and strategic milestone.“We said we’d secure a Free Trade Agreement with India in our first term, and we’ve delivered,” Luxon said in a post on social media platform X.“This landmark deal means more…
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New Delhi, Dec 26 (IANS) Pakistan has become chronically dependent on bailouts from the International Monetary Fund (IMF) as it has been plunging from one fiscal crisis into another over the years. It is, however, ironic that the country been getting these loans despite Islamabad’s failure to meet the IMF conditions to revive the economy.Pakistan is now headed for its 25th IMF loan with the latest $7 billion Extended Fund Facility (EFF), stretched over 37 months, and the accompanying $1.4 bill…
New Delhi, Dec 23 (IANS) The India-New Zealand Free Trade Agreement (FTA) will give investors more confidence as both the countries access each other’s market to gain across the spectrum, Ved Jain, economist and former president of the Institute of Chartered Accountants of India (ICAI), said on Tuesday.By securing improved market access for Indian goods, expanding opportunities in services and mobility, and deepening collaboration in agriculture, investment and emerging sectors, the Agreement …
New Delhi, Dec 22 (IANS) New Zealand and India have concluded a Free Trade Agreement (FTA), offering New Zealanders unprecedented access to 1.4 billion Indian consumers, Trade and Investment Minister Todd McClay announced on Monday.This historic FTA eliminates and reduces tariffs on 95 per cent of New Zealand’s exports — among the highest of any Indian FTA — with almost 57 per cent being duty-free from day one, increasing to 82 per cent when fully implemented, with the re…