💨 Abstract

India and New Zealand have resumed negotiations for a Free Trade Agreement (FTA) after a decade, aiming to boost economic ties and improve market access. The talks stalled in 2015 due to disagreements over tariff structures, especially for dairy and agricultural goods. Indian goods have substantial access to New Zealand's market due to its low tariffs, while India's average tariff stands at 17.8%.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖