New Delhi, Oct. 19 -- The India-New Zealand Free Trade Agreement (FTA) will come into force on Tuesday, October 20, providing duty-free access to Indian goods across the New Zealand market and opening up fresh opportunities for exporters, according to a presentation by the Ministry of Commerce and Industry.

The agreement is aimed at strengthening bilateral trade and investment ties, expanding services trade and diversifying India's export markets amid geopolitical uncertainty.

Labour-intensive sectors, including textiles, apparel, leather and footwear, are expected to benefit from the elimination of tariffs of up to 10 per cent from the outset of the agreement. Engineering goods, pharmaceuticals, machinery, chemicals and agricultural pr...