New Delhi, Oct. 21 -- India and New Zealand have signed a Memorandum of Cooperation (MoC) to enable the electronic exchange of origin data for trade in goods under their Free Trade Agreement (FTA), which came into force on October 20, 2026.

The MoC was signed on October 19 by Vivek Chaturvedi, Chairman of the Central Board of Indirect Taxes and Customs (CBIC), and Christine Stevenson, Comptroller and Chief Executive of the New Zealand Customs Service (NZCS).

The arrangement provides for the advance electronic exchange of origin data between the customs authorities of the two countries. It is intended to improve information sharing, streamline customs processes and provide greater certainty to traders.

The electronic exchange mechanism ...