India And New Zealand Sign Free Trade Agreement

India and New Zealand on Monday inked a free trade agreement, aimed at boosting two-way commerce and investments. 

The pact was signed in the presence of Commerce and Industry Minister Piyush Goyal and visiting New Zealand's Trade and Investment Minister Todd McClay. 

The FTA provides



duty-free access for 100 per cent of India's exports to New Zealand, covering all tariff lines or produce categories, and is expected to significantly boost MSMEs and employment by enhancing competitiveness in labour-intensive sectors such as textiles, apparel, leather, footwear, gems and jewellery, engineering goods, and processed foods.