1. New Zealand's parliament passes the India trade deal, cutting tariffs on most exports

New Zealand's parliament passes the India trade deal, cutting tariffs on most exports

World

  • New Zealand's parliament passed the India trade agreement on Wednesday, with opposition Labour support.
  • All Indian goods get duty-free access to New Zealand, while India liberalises about 70 per cent of its tariff lines.
  • Indian textiles, apparel, leather, footwear and marine products are among the biggest gainers from it.
  • India kept most dairy out of the deal, as it did with the United States in February.

Source: reuters.com

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