India-New Zealand FTA Concluded: Zero Duty Access, $1.3 Bn Annual Trade Boost Expected

• India and New Zealand have concluded negotiations for a comprehensive Free Trade Agreement (FTA).
• The FTA grants zero-duty access on 100% of goods exports, aiming to significantly boost bilateral trade.
• New Zealand Prime Minister Christopher Luxon and Indian Prime Minister Narendra Modi discussed the agreement.
• The pact is projected to increase trade by up to $1.3 billion annually, opening new opportunities in services like IT, education, and tourism.
• It includes Most Favoured Nation (MFN) treatment, enhancing competitiveness for Indian exporters and mobility for professionals.

Why It Matters: India-New Zealand FTA promises zero-duty trade, boosting economy and mobility for professionals.