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India, New Zealand conclude FTA talks; key sectors to gain duty-free access

India and New Zealand have concluded negotiations for a free trade agreement that will give duty-free access to Indian goods like textiles, footwear and engineering products, while excluding dairy concessions. India has not given any duty concessions in the dairy sector, which was a key demand for New Zealand

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New Zealand has committed to facilitating investments of USD 20 billion into India over the next 15 years. (Pic/Pixabay)

New Zealand has committed to facilitating investments of USD 20 billion into India over the next 15 years. (Pic/Pixabay)

India and New Zealand on Monday announced the conclusion of negotiations for a free trade agreement under which a host of domestic goods from sectors such as textiles, footwear, engineering and marine products will get duty-free access in New Zealand.

India has not given any duty concessions in the dairy sector, which was a key demand for New Zealand.

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