India-New Zealand free trade agreement signed.

India-New Zealand free trade agreement signed. The bilateral pact grants India zero-duty access for all goods and easier professional mobility into New Zealand, while New Zealand receives calibrated access to Indian markets across seventy percent of tariff lines covering ninety-five percent of its exports. New Zealand has committed to invest twenty billion dollars in India over many years. Trade in goods and services between the nations stood at two point four billion dollars in twenty twenty-four, presenting significant expansion opportunities. The agreement keeps sensitive sectors like dairy protected while reducing tariffs on products like kiwis. This pact represents New Delhi's strategic preference for bilateral economic deals over multilateral trade groupings.