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WATCH# | Delhi: On the India-New Zealand Free Trade Agreement, Union Commerce and Industry Minister Piyush Goyal says, "Whatever goods are exported from India to New Zealand, import duty will no longer be levied on 100% of the goods entering New Zealand. This means all our exports will reach New Zealand duty-free. Consequently, the disadvantage we faced vis-à-vis other countries that had already established a foothold in the New Zealand market—or the challenges we encountered in that competition—will be eliminated. This will greatly benefit our MSMEs. It will benefit our farmers. It will benefit our handicraft and handloom artisans. Young men and women will get new employment opportunities... Furthermore, they have committed to investing $20 billion in India as Foreign Direct Investment (FDI) under the FTA. This will provide our manufacturing sectors with both capital and technology, while also attracting New Zealand companies to invest in India... We have not granted any market access concessions in sectors sensitive to India; for instance, we do not open the dairy sector to anyone, so no concessions or relaxations have been granted to New Zealand in this regard. The same applies to various agricultural products—such as onions, chickpeas, peas, maize, almonds, artificial honey, and sugar. Items sensitive to India have not been opened up for unrestricted access, nor have any concessions been granted for them..."