India, New Zealand sign data-sharing pact to ease bilateral trade under new FTA
New Delhi, Oct. 21 -- India and New Zealand have signed a Memorandum of Cooperation (MoC) for the electronic exchange of trade-related origin data, aimed at facilitating bilateral trade and helping businesses access tariff benefits under the recently implemented Free Trade Agreement (FTA) between the two countries.
The development comes a day after the India-New Zealand FTA came into force on October 20, 2026, opening new opportunities for exporters and businesses in both countries.
According to a release issued by the Ministry of Finance on Wednesday, the arrangement will allow customs authorities in both countries to exchange information electronically on the origin of traded goods, helping them verify whether products qualify for pre...
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