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FTA provides duty-free access for 100 per cent of India's exports to New Zealand.
India secured duty-free access for all exports to New Zealand across all tariff lines.
KEY POINTS
- New Zealand committed to invest $20 billion in India over 15 years under the FTA.
- A new skilled employment pathway allows 5,000 Indian professionals temporary entry in New Zealand, each for up to three years.
- India will provide duty-free access to 54.11% of New Zealand exports immediately, including sheep meat and forestry products.
- Agricultural imports like apples and honey from New Zealand are controlled by quotas and minimum import prices.
COMPANIES
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