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flag India and New Zealand finalize trade deal with zero tariffs, $20B investment, and expanded mobility.

flag India and New Zealand finalized a free trade agreement giving India zero-duty access to all New Zealand tariff lines. flag The deal boosts exports in textiles, pharmaceuticals, engineering, agriculture, and services; includes a $20 billion FDI commitment over 15 years; expands mobility for students and skilled workers; and ensures mutual recognition of regulatory inspections. flag Bilateral trade, $1.3 billion in 2024–25, is expected to rise sharply after implementation in early 2026.

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