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Trade

India-New Zealand Trade Deal Comes Into Force

The India-New Zealand free trade agreement has now come into force. The headline indicates that changes start from today for the two countries.

Context

Context: Free trade agreements reduce tariffs, which are taxes on imported goods, between two countries. New Zealand is a major exporter of dairy and farm goods, so cheaper access can benefit both sides.

Business Standard
Burning Potato score: 29%

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