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The pursuing are the highlights of the India-New Zealand escaped commercialized agreement, closure of negotiations for which was announced connected Monday (December 22, 2025).
The pact is apt to beryllium signed successful 3 months and it is expected to beryllium implemented adjacent year.
- Zero Duty marketplace entree connected 100% of India’s exports. India has offered tariff liberalisation successful 70% lines covering 95% of New Zealand India Bilateral trade.
- This marketplace entree enhances the competitiveness of India’s labour-intensive sectors including textiles, apparel, leather, footwear, marine products, gems and jewellery, handicrafts, engineering goods and automobiles.
- Launched connected March 16th 2025, the fastest with a Developed Country FTA concludes the twelvemonth connected a precocious enactment for each Indian exports including textiles, pharmaceuticals, leather, Engineering Goods, Agricultural products
- Dedicated quota of Temporary Employment Entry visa for 5,000 professionals and 1,000 Work and Holiday Visas.
- New Zealand has committed to facilitate investments of $20 cardinal into India implicit the adjacent 15 years.
- Establishment of Agricultural Productivity Partnerships done Centres of Excellence by New Zealand for Apples, Kiwifruit, and Honey to boost productivity.
- Duty escaped inputs for India's Manufacturing Sector: Wooden logs, coking coal, discarded and scraps of metals.
- Cooperation has been agreed successful AYUSH, culture, fisheries, audio ocular tourism, forestry, horticulture and accepted cognition systems.
- Apart from tariff liberalisation, the FTA includes provisions to code non-tariff barriers done enhanced regulatory cooperation.
- Bilateral merchandise commercialized reached $1.3 cardinal successful 2024–25, portion full commercialized successful goods and services stood astatine astir $2.4 cardinal successful 2024, with services commercialized unsocial reaching $ 1.24 billion.
