India and New Zealand signed comprehensive free trade agreement providing 100% duty-free access for Indian exports to New Zealand market.
Agreement includes $20 billion investment commitment to India and covers 118 service sectors with enhanced professional mobility pathways.
FTA establishes tariff rate quotas for agricultural products while protecting sensitive Indian sectors like dairy, onions, and sugar.
Pact features post-study work visas for Indian students, 5,000 temporary employment visas, and mutual recognition of pharmaceutical regulations.