India-NZ FTA opens duty-free apple, kiwi access; Kashmir, Himachal growers face import squeeze
FTA covers 95% of bilateral trade and liberalises 70% of tariff lines, with NZ apples entering on a 32,500-tonne quota scaling to 45,000 tonnes. Wine tariffs fall 66-83% over a decade and seafood duties phase out in seven years. Dairy and gems stay excluded. NZ commits $20B investment over 15 years.
India-NZ FTA eliminates tariffs on Indian exports, cuts duties on 95% of NZ imports. Preferential apple/kiwifruit access threatens Kashmir/Himachal growers. Wine, seafood tariffs phased down. Dairy, gems, jewellery excluded. $20B NZ investment pledge over 15 years.