New Zealand Trade Minister Todd McClay confident Labour will support India Free Trade Agreement despite NZ First opposition.
AI Summary1 min read
TL;DR
New Zealand Trade Minister Todd McClay expects Labour to back the India Free Trade Agreement, overcoming NZ First's opposition. The deal will cut tariffs on most exports and is set for signing next year.
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New ZealandIndia Free Trade AgreementTodd McClaytariffstrade deal
New Zealand Trade Minister Todd McClay is confident the Free Trade Agreement with India will be implemented despite New Zealand First's opposition. McClay believes Labour will support the deal, which would eliminate or reduce tariffs on 95% of exports, benefiting kiwifruit, apples, meat, wool, coal, forestry, and more. The agreement will be signed next year and scrutinized through the select committee process, with legislation required to drop tariff rates for India.
