The Economic Times

India-New Zealand FTA kicks in October 20, gives all Indian goods zero-duty access

India's free trade agreement with New Zealand will begin on October 20 and provide duty-free access for Indian goods. This agreement aims to boost bilateral trade significantly by 2030, increasing it from $2.4 billion to nearly 35,000 crore. New Zealand will grant 100% market access, while India will provide tariff concessions on 70% of its tariff lines. Customs clearance timelines will be expedited, enhancing trade efficiency and reducing costs.