The India–New Zealand FTA is a significant step

 

Kirit Bhansali, Chairman, GJEPC

The India–New Zealand FTA is a significant step forward for India’s gem and jewellery sector. The agreement enhances India’s competitiveness in the New Zealand market by extending tariff advantage  up to 2.5% for various product lines including gem and jewellery. We see strong potential to scale India’s G&J exports to New Zealand from USD 16.61 million in 2024 to USD 50 million over the next three years, strengthening India’s footprint in this important market.”