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flag India and New Zealand finalize a trade deal to cut tariffs on most goods, aiming to double bilateral trade by 2030.

flag India and New Zealand have finalized a comprehensive free trade agreement set for signing in early 2026, eliminating tariffs on over 95% of New Zealand’s wood exports to India and granting India zero-duty access to New Zealand markets. flag The deal aims to boost bilateral trade—currently $2.4 billion—to $4.8 billion within five years, with New Zealand targeting $1.1 billion to $1.3 billion in annual export growth. flag Key sectors include Indian textiles and engineering goods, and New Zealand’s wood, horticulture, and livestock products. flag New Zealand pledged $20 billion in investments over 15 years. flag India excluded dairy, onions, almonds, and certain animal products due to domestic concerns. flag The agreement, while seen as a framework for future growth, marks a significant step amid global trade shifts.

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