New Delhi, Oct. 20 -- The India-New Zealand Free Trade Agreement (FTA) came into effect on Tuesday, allowing all Indian goods to enter New Zealand duty-free and opening new opportunities in trade, investment and employment. Leaders from both countries welcomed the agreement, highlighting its potential to boost exports, strengthen economic ties and create jobs.

Union Commerce and Industry Minister Piyush Goyal welcomed the implementation, saying in a post on X, "The India-New Zealand FTA comes into force today! A new chapter of opportunities begins!"

The agreement eliminates tariffs on 100 per cent of New Zealand's tariff lines for Indian exports, benefiting sectors including textiles, apparel, leather, footwear, engineering goods, pharm...