{"id":34521,"date":"2025-12-31T14:34:30","date_gmt":"2025-12-31T09:04:30","guid":{"rendered":"https:\/\/gjepc.org\/solitaire\/?p=34521"},"modified":"2026-01-14T17:47:16","modified_gmt":"2026-01-14T12:17:16","slug":"india-new-zealand-fta-set-to-lift-gem-jewellery-trade","status":"publish","type":"post","link":"https:\/\/gjepc.org\/solitaire\/india-new-zealand-fta-set-to-lift-gem-jewellery-trade\/","title":{"rendered":"India-New Zealand FTA Set to Lift Gem &#038; Jewellery Trade"},"content":{"rendered":"<p>The India-New Zealand Free Trade Agreement is expected to open fresh opportunities for India\u2019s gem and jewellery sector by improving price competitiveness and market access. The agreement offers a tariff advantage of up to 2.5% across several product lines, including gems and jewellery, strengthening India\u2019s position in the New Zealand market.<\/p>\n<p>Commenting on the development, Kirit Bhansali, Chairman, GJEPC, said, \u201cThe India-New Zealand FTA is a significant step forward for India\u2019s gem and jewellery sector. The agreement enhances India\u2019s competitiveness in the New Zealand market by extending tariff advantage of up to 2.5% for various product lines including gem and jewellery. We see strong potential to scale India\u2019s gems and jewellery exports to New Zealand from $16.61 million in 2024 to $50 million over the next three years, strengthening India\u2019s footprint in this important market.\u201d<\/p>\n<p>With the FTA now in place, industry estimates suggest exports could more than triple over the next three years, driven by improved pricing, wider product reach and stronger buyer engagement. The agreement is also expected to encourage Indian exporters to deepen relationships with New Zealand retailers and explore long-term partnerships in the market.<\/p>\n<p>The FTA aligns with the Indian Government\u2019s broader strategy of using trade agreements to diversify export destinations and reduce reliance on a few large markets, while creating stable, policy-backed growth avenues for the gem and jewellery industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The India-New Zealand Free Trade Agreement is expected to open fresh opportunities for India\u2019s gem and jewellery sector by improving price competitiveness and market access. The agreement offers a tariff advantage of up to 2.5% across several product lines, including gems and jewellery, strengthening India\u2019s position in the New Zealand market. Commenting on the development,&hellip;<\/p>\n","protected":false},"author":1,"featured_media":34522,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[83],"tags":[],"thb-sponsors":[],"class_list":["post-34521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bulletin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India-New Zealand FTA Set to Lift Gem &amp; Jewellery Trade - Indian jewellery magazine<\/title>\n<meta name=\"description\" content=\"The India-New Zealand FTA is set to boost India\u2019s gem and jewellery sector with up to 2.5% tariff benefits, enhancing price competitiveness and market access.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gjepc.org\/solitaire\/india-new-zealand-fta-set-to-lift-gem-jewellery-trade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India-New Zealand FTA Set to Lift Gem &amp; 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