India and New Zealand are set to sign a landmark bilateral trade agreement on April 27, eliminating import duties on approximately 70 percent of Indian goods entering New Zealand.

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India and New Zealand are set to sign a landmark bilateral trade agreement on April 27, eliminating import duties on approximately 70 percent of Indian goods entering New Zealand. Union Commerce and Industry Minister Piyush Goyal announced the historic pact during his Agra visit, highlighting significant benefits for Indian micro, small, and medium enterprises. The agreement will unlock fresh export opportunities across multiple sectors, particularly benefiting traditional industries including leather goods, handlooms, handicrafts, and artisanal products. Goyal emphasized that the deal represents years of high-level discussions between Prime Minister Narendra Modi and New Zealand's Christopher Luxon. The trade agreement is expected to catalyze substantial growth in bilateral commerce and deepen economic engagement between the two nations in the coming months.

70% of Indian goods to enter New Zealand duty-free under FTA; big boost for MSMEs, says Piyush Goyal

Sunday, April 26, 2026 at 8:20 AM

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