# The agreement is part of India’s push to diversify exports amid global trade tension.

*business · news · 2026-04-27 · ThePrint*

## Key points

- New Zealand has pledged to invest $20 billion in India as part of the trade agreement.
- India excluded sensitive agricultural sectors like dairy and spices from market access commitments to protect producers.
- New Zealand will provide market access in 118 services sectors and offer 5,000 temporary Indian employment visas.
- Tariffs on New Zealand wine will be lowered over 10 years, and some dairy products gain phased duty-free access.

**Countries:** India, New Zealand

[Read the full story on ThePrint](https://theprint.in/india/india-new-zealand-sign-fta-cut-tariffs-on-95-of-exports-ease-visa-access/2915718/)

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