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New Zealand parliament passes India trade deal, cutting tariffs on most exports
- On Tuesday, Commerce Secretary Rajesh Agrawal announced the India-New Zealand FTA is expected to become operational in late October 2026, with a target date of October 19.
- The two countries signed the FTA on April 27 to boost two-way commerce in goods and services and promote investments between India and New Zealand.
- New Zealand has committed to invest USD 20 billion in India over 15 years under the bilateral agreement, strengthening economic ties between the nations.
- The FTA provides duty-free access for 100 per cent of Indian exports to New Zealand, eliminating peak tariffs of up to 10 per cent on goods like ceramics and automobiles.
- Both sides must complete stock-taking of operationalization processes and procedures before officials announce the exact start date for the agreement.
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48 Articles
In New Zealand, Parliament voted in favour of the agreed trade agreement with India.
·Germany
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New Zealand Parliament Clears FTA with India
Get latest articles and stories on World at LatestLY. New Zealand's Parliament on Wednesday cleared the India-New Zealand Free Trade Agreement (FTA), with lawmakers voting 93-29 in favour of the legislation, taking the bilateral trade pact closer to implementation. World News | New Zealand Parliament Clears FTA with India.
·Mumbai, India
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New Zealand parliament clears FTA with India - The Tribune
New Zealand's Parliament on Wednesday cleared the India-New Zealand Free Trade Agreement (FTA), with lawmakers voting 93-29 in favour of the legislation, taking the bilateral trade pact closer to implementation.
·Chandigarh, India
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Coverage Details
Total News Sources48
Leaning Left6Leaning Right11Center2Last UpdatedBias Distribution58% Right
Bias Distribution
- 58% of the sources lean Right
58% Right
L 32%
R 58%
Factuality
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