From wool to kiwis, what could get cheaper under India-New Zealand FTA
- India-New Zealand Free Trade Agreement FTA took effect on October 20, cutting duties on several imported goods.
- Wood, wool, leather and sheep meat from New Zealand will enter India without import duties under the deal.
- • Import duties on some oils, machinery and other products will fall gradually, potentially making them cheaper.
- New Zealand apples, kiwis and honey may also get cheaper, while Indian exporters gain duty-free access to its market.
Source: siasat.com
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