New Delhi, Oct. 19 -- The India-New Zealand Free Trade Agreement (FTA) will come into force on October 20, providing duty-free access for Indian goods across the New Zealand market and reducing tariffs on exports across several sectors, according to a presentation by the Ministry of Commerce and Industry.

Labour-intensive sectors such as textiles, apparel, leather and footwear are expected to benefit from the elimination of tariffs of up to 10 per cent. Engineering goods, pharmaceuticals, machinery, chemicals and agricultural products are also expected to gain improved market access, ANI reported.

The agreement covers 70 per cent of New Zealand's tariff lines, while India has excluded 30 per cent of its tariff lines. Of the tariff lines...