India – New Zealand Free Trade Agreement Signed

Recently, India and New Zealand signed a forward-looking Free Trade Agreement (FTA), marking a historic milestone in bilateral economic relations.

Salient Features of the FTA

  • FTA eliminates duty on 100% of Indian Exports.
  • A USD 20 billion investment commitment over 15 years.
  • Agricultural Productivity Partnership to boost productivity.
  • Zero-duty access for labour-intensive sectors including: textiles, apparel, leather footwear, gems & jewellery, engineering goods & processed foods.
  • India offered market access in 70.03% tariff lines.

Mobility & Education

  • Student Mobility: Indian students can work up to 20 hours per week
  • Post-study work visas:
    • STEM Bachelor: 3 years
    • Master’s: up to 3 years
    • Doctorate: up to 4 years
  • Temporary Employment Entry ....
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