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The pact was signed by Commerce and Industry Minister Piyush Goyal.
India and New Zealand signed an FTA granting duty-free access for all Indian exports to New Zealand.
KEY POINTS
- India secured duty-free inputs like wooden logs, coking coal, and metal scraps to enhance manufacturing competitiveness.
- India excluded dairy, animal products, select agriculture goods, and sensitive metals from tariff liberalisation.
- The agreement commits to facilitating USD 20 billion in investment into India, with a rebalancing clause.
- Earlier New Zealand tariffs up to 10 per cent on key Indian exports will be eliminated immediately.
COMPANIES
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