world
CII urges exporters, MSMEs to tap opportunities under India-New Zealand FTA
CII urges exporters and MSMEs to tap opportunities under the India-New Zealand FTA
Key points
- India and New Zealand implemented a free trade agreement on October 20 to boost investment and trade ties.
- The agreement provides duty-free access for Indian exports and lower duties on selected imports from New Zealand.
- The FTA includes provisions for the mobility of students and new visa categories for Indians while protecting sensitive sectors.
Why it matters. The agreement could allow Indian exporters and MSMEs to increase trade and use New Zealand as a gateway to wider Oceania and Pacific Island markets.
The Confederation of Indian Industry (CII) is urging exporters and MSMEs to utilize opportunities under the recently implemented India-New Zealand free trade agreement. Sanjay Budhia of the CII stated that New Zealand can serve as a gateway to Pacific Island and Oceania markets. He advised exporters to engage with buyers and leverage schemes like the Export Promotion Mission.
Latest updates
CII urges exporters, MSMEs to tap opportunities under India-New Zealand FTA
The India-New Zealand FTA brings duty-free access for Indian exports and lower duties on selected New Zealand imports. Here is all that changes from today.
CII urges exporters, MSMEs to tap opportunities under India-New Zealand FTA
Domestic exporters, including MSMEs, should engage with New Zealand buyers, check product-specific rules of origin and leverage schemes such as the Export Promotion Mission to maximise the benefits from the recently implemented bilateral free trade agreement, CII's Sanjay Budhia said on Thursday. Budhia, the Chairman of the CII National Committee on Exports and Managing Director of Patton Internat The right to repair opens a new phase for the Italian market. With the entry into force today , October 22, of legislative decree no. 176/2026, after-sales will no longer be just an accessory service: it will become an increasingly central element in the relationship between manufacturers,.
India-New Zealand FTA comes into force with new visa categories and zero-duty exports
The India-New Zealand Free Trade Agreement came into force on Tuesday, marking a significant expansion of economic ties between the two countries. The FTA includes two new Temporary Employment Entry visa categories for Indian nationals, facilitating easier work access in New Zealand. Indian exporters will now enjoy duty-free access to the New Zealand market, while selected New Zealand imports to India will face lower duties. Commerce Minister Piyush Goyal announced that New Zealand has committed $20 billion in foreign direct investment in India over the next 15 years. The agreement is expected to boost bilateral trade and investment flows. Both governments have hailed the pact as a milestone in their strategic partnership.
India-New Zealand FTA Opens US$ 2 Billion Textile Opportunity For Indian Exporters
The India-New Zealand Free Trade Agreement is expected to open up a $2 billion textile opportunity for Indian exporters, improving market access and boosting investment. Prime Minister Narendra Modi said the agreement will add depth and dynamism to bilateral economic ties. The agreement will also improve supply chain partnerships and increase exports.
New Zealand PM Calls India-New Zealand FTA a Once-in-a-Generation Opportunity
New Zealand Prime Minister Christopher Luxon has described the India-New Zealand free trade agreement as a once-in-a-generation opportunity. The agreement has the potential to unlock significant economic benefits for both countries. Luxon pointed to India's emergence as the world's third-largest economy and its growing middle class as a key driver of the agreement. The agreement is seen as a significant development in the bilateral relations between the two countries. The exact details of the agreement are unclear, but it is believed to be a result of the strong ties between the two countries.