India-New Zealand Seal Landmark FTA: What It Means for Trade & Strategy

World
M
Moneycontrol•22-12-2025, 16:51
India-New Zealand Seal Landmark FTA: What It Means for Trade & Strategy
- •India and New Zealand finalized a comprehensive FTA on December 22, 2025, aiming to diversify India's trade and counter global protectionism.
- •India gains full tariff elimination for its exports to New Zealand from day one, boosting sectors like textiles, engineering, and marine products.
- •India safeguarded its agriculture, excluding dairy products, goat meat, onions, and almonds from tariff liberalization.
- •New Zealand secured quota-based duty-free access for kiwifruit and preferential access for apples and mānuka honey.
- •The deal includes provisions for services, fintech, and a pathway for up to 1,667 skilled Indian workers annually in New Zealand.
Why It Matters: Landmark India-New Zealand FTA diversifies trade, protects agriculture, and opens new avenues for services and labor.
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