Duty-free from today: India's farmers and smallest businesses get a new door into New Zealand
On Tuesday, India's free trade agreement with New Zealand came into force, and its design says a lot about who it is for: 100 per cent of Indian exports now enter New Zealand duty-free, opening wider markets for farmers selling fruit, vegetables and spices, for small and medium businesses, and for women- and youth-led enterprises — while dairy, the sector Indian farmers most feared for, stays fully protected. Commerce Minister Piyush Goyal marked the day with a small, telling symbol: the first-ever 'Made in India' JCB machine, built in Pune, flagged off for export to New Zealand. The pact also sets the stage for up to $20 billion in New Zealand investment into India across agriculture, manufacturing, infrastructure and startups.
SDG 8 · Decent work and economic growth — Mechanism: policy reform