India–New Zealand free trade deal takes effect tomorrow, cutting tariffs both ways

Trade authorities announced that the India-New Zealand Free Trade Agreement comes into force on October twenty, immediately eliminating tariffs across all Indian export tariff lines to New Zealand and phasing out duties on major Kiwi goods. Bilateral trade between both nations previously reached nearly three point nine five billion New Zealand dollars, and the deal sets an official target to expand trade volume to seven billion New Zealand dollars by twenty thirty. The agreement reduces import costs for New Zealanders across consumer goods, textiles, and pharmaceuticals while opening broader South Asian market access for New Zealand primary industries including horticulture, forestry, and services. Also in this briefing: Luxon warns New Zealand may have no new government until Christmas; Hipkins vows to scrap charter schools as Seymour warns over provider contracts; Rare giant moa egg bought in the US to be returned to Ngāi Tahu.

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