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NZ-India Free Trade Deal: GDP Boost & Duty-Free Exports
Published 1 week, 2 days ago
Description
New Zealand and India sign a major free trade agreement, set to inject hundreds of millions into the Kiwi economy annually. The deal eliminates most Indian import duties immediately and phases out key sectors over ten years. While not as impactful as the China deal, its a significant boost for growth, with over 80% of exports to India becoming duty-free by 2037, contributing a 0.07% GDP lift and $401 million initially.
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