Zero Duty Exports refers to the export of goods without any customs duty. This policy aims to boost international trade. It benefits manufacturers and exporters by reducing costs. Countries often implement it to enhance competitiveness. In India, zero duty exports can promote economic growth. The initiative supports various sectors, including textiles and agriculture. It encourages foreign investment and strengthens trade relationships.
The India–New Zealand Free Trade Agreement (FTA), concluded in December 2025, marks a significant turn in India’s external economic strategy. More than a tariff-cutting deal, it reflects India’s...