No duty concessions for New Zealand on dairy, vegetables, sugar, copper, aluminium items |
New Delhi: To protect the interest of farmers and MSMEs, India has not extended any import duty concessions to New Zealand on several sensitive sectors, including dairy, animal products, vegetables, sugar, copper and aluminium, under the trade pact to be signed in the next three months.
The two countries announced the conclusion of negotiations for the free trade agreement (FTA) on Monday. The FTA is likely to be signed in the next three months and implemented next year.
Under the agreement, the products that are kept in the exclusion list are: Dairy (milk, cream, whey, yoghurt, cheese etc.), animal products (other than sheep meat), vegetable products (onions, chana, peas, corn, almonds etc.), sugar, artificial honey, Animal, vegetable or microbial fats and oils.
The list also includes Arms and........