India and New Zealand sign Memorandum of Cooperation (MoC) on Electronic Origin Data Exchange to Facilitate Bilateral Trade Under the India-New Zealand Free Trade Agreement (FTA)

India and New Zealand have signed a Memorandum of Cooperation (MoC) concerning Electronic Origin Data Exchange of Trade in Goods. Signed between the Central Board of Indirect Taxes and Customs (CBIC) and the New Zealand Customs Service (NZCS), the arrangement aims to facilitate bilateral trade under the India-New Zealand Free Trade Agreement (FTA) that entered into force on 20th October 2026. The MoC enables advance electronic exchange of origin data, seeking to deepen customs cooperation, improve operational efficiency, reduce information gaps, and support the effective utilisation of trade preferences for businesses in both countries.