A. China
B. India
C. Brazil
D. Canada
Explanation:
The New Zealand–India Free Trade Agreement came into force on 20 October 2026. More than half of New Zealand’s exports to India became tariff-free initially, with the share scheduled to rise to 82% over time.
Key points
- – Effective date: 20 October 2026.
- – Countries: New Zealand and India.
- – Products benefiting included sheep meat, wool and coal.
- – New Zealand also planned to deepen trade ties with Brazil and Canada.
Related questions and answers
– Q: What does FTA stand for?
A: Free Trade Agreement.
– Q: What is a tariff?
A: A tax imposed on imported goods.
– Q: Which New Zealand minister announced the trade-diversification initiatives?
A: Todd McClay, Minister for Trade and Investment.