The free trade agreement (FTA) between India and New Zealand, scheduled for signing on April 27, is anticipated to open significant opportunities for Indian businesses, particularly for leather exporters in Agra, Uttar Pradesh, India. Commerce and Industry Minister Piyush Goyal stated that the FTA will facilitate duty-free access for Indian goods, thereby enhancing Agra's leather industry, which is a major contributor to both domestic supply and exports. The agreement aims to double bilateral trade, which currently stands at around $2.4 billion, and is projected to attract $20 billion in investments over the next 15 years. Goyal emphasized the benefits for micro, small, and medium enterprises (MSMEs) in the leather sector, which will gain a competitive edge in the New Zealand market. During the visit, Goyal and New Zealand's Trade and Investment Minister Todd McClay engaged with various business sectors and also visited the Taj Mahal, highlighting the cultural ties between the two nations.