From RNZ · RNZ | Te Reo Irirangi o Aotearoa · · 50s
India FTA boosts NZ primary exports
New Zealand's India FTA cuts tariffs on key exports, helping dairy and timber sectors.
In brief
New Zealand's India FTA cuts tariffs on key exports, helping dairy and timber sectors. New Zealand's free trade agreement with India removes tariffs on sheep meat and other primary products, boosting export resilience. Originally reported by RNZ.
India FTA starts today
New Zealand's Free Trade Agreement with India begins today, benefiting primary exports.
Duty-free sheep meat
A 33 percent tariff on sheep meat vanishes immediately under the FTA.
Kiwifruit trade benefits
Kiwifruit growers plant more vines as tariffs on fruit are removed.
Wine industry relief
Wine tariffs drop from 150 percent to 25-50 percent over 10 years.
Dairy sector excluded
Dairy products remain tariffed as India protects its domestic market.
Timber exports grow
Log suppliers receive inquiries from India as its building industry expands.
What it means
New Zealand's free trade agreement with India removes tariffs on sheep meat and other primary products, boosting export resilience.
