• The agreement aims to strengthen trade, services, investment, mobility, and overall economic cooperation in line with the vision of Viksit Bharat 2047.

About India–New Zealand FTA:
Access: India gains 100% duty-free access on all 8,284 tariff lines to New Zealand while India liberalises 70.03% of tariff lines covering 95% of bilateral trade value with key exclusions.
Services: New Zealand opens 118 sectors with Most Favoured Nation (MFN) commitments across 139 sub-sectors including Information Technology (IT), education, finance, and tourism.
Investment: New Zealand commits USD 20 billion over 15 years in infrastructure, renewable energy, manufacturing, and startups.