Big Trade Boost! New Zealand Parliament Clears FTA With India, Tariff Cuts On 95% Exports

The New Zealand Parliament has officially approved a Free Trade Agreement with India. This landmark deal enables tariff reductions on 95 percent of exports and grants duty-free access for Indian goods. Furthermore, the agreement paves the way for investments totaling $20 billion. By passing this trade deal, New Zealand aims to significantly boost bilateral commerce through the reduction of tariffs on the majority of its exported goods to the Indian market.