{
  "id": 15678807,
  "title": "NZ-India trade deal in force, eyes Brazil, Canada",
  "url": "https://urgent.news/2026/10/20/nz-india-trade-deal-in-force-eyes-brazil-canada",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-20T00:48:24.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/news/economy/foreign-trade/india-nz-fta-in-force-over-half-of-new-zealands-exports-to-india-now-tariff-free-wellington-also-eyes-brazil-canada/articleshow/135059156.cms"
  },
  "original_language": "en",
  "account": "New Zealand's newly enacted free trade agreement with India officially came into force on Tuesday, signaling the government's intention to broaden export markets amid ongoing global economic uncertainty. This move comes just ahead of the country's closely contested November 7 election, with Trade and Investment Minister Todd McClay touting the measures as part of an ambitious plan to double export values by 2034.\n\nThe first New Zealand-Brazil Trade and Investment Dialogue is anticipated to be scheduled following Brazil's October 25 election runoff and New Zealand's own vote. The agreement removes tariffs on products such as sheep meat, wool, and coal, as well as establishing preferential quota access for exports of apples, kiwifruit, and milk albumins. Currently, more than half of New Zealand's exports to India are tariff-free, with this figure expected to rise to 82% over time.\n\nThis trade boon extends beyond mere export benefits, as it also supports suppliers, local businesses, and the towns that rely on them, according to McClay. To further strengthen ties, New Zealand and Brazil will establish a Trade and Investment Dialogue covering trade, investment, World Trade Organization reform, and potential future trade negotiations. Meanwhile, New Zealand and Canada will initiate an annual dialogue between senior officials, followed by yearly meetings between trade ministers.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}