India-New Zealand FTA takes effect Oct. 20

The India-New Zealand Free Trade Agreement takes effect on Oct. 20, as reported by The Economic Times, Livemint, Business Today, The Tribune, and The Times of India.

The agreement provides zero-duty access for Indian goods exported to New Zealand, according to The Economic Times and Business Today.

Commerce Minister Piyush Goyal flagged off the first JCB machine export to New Zealand as the agreement takes effect, as reported by Devdiscourse.

The agreement aims for Rs 35,000 crore in trade by 2030, according to The Tribune, and targets doubling trade to $7 billion by 2030, according to The Times of India.

Business Today reported the agreement aims for a $20 billion investment boost.

The India-New Zealand Free Trade Agreement provides zero-duty access for Indian goods exported to New Zealand starting Oct. 20.