New Delhi, April 28 -- The Federation of Indian Export Organisations (FIEO) has welcomed the signing of the India New Zealand Free Trade Agreement (FTA), calling it a significant milestone in expanding Indias global trade footprint.
FIEO President S C Ralhan said the agreement will open new avenues for Indian exporters by enhancing market access to New Zealand across key sectors.
Wider market access across sectors
According to FIEO, the FTA will benefit a broad range of industries, including agriculture and processed food, textiles and pharmaceuticals, engineering goods and services such as IT & ITES, business services, education, construction and healthcare.
Reduced tariff barriers and simplified trade procedures are expected t...