Free MCQs for FPSC, NTS, PPSC, PMS, CSS & All Pakistan Exams 2026

On 20 October 2026, which country’s free trade agreement with New Zealand came into force, removing tariffs on several major export products?

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.

 

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