- Duty-free access on almost 57 percent of NZ exports from day one, increasing to 82 percent when fully implemented, with the remaining 13 percent being subject to sharp tariff cuts
- Immediate tariff elimination on sheep meat, wool, coal and over 95 per cent of forestry and wood exports
- Duty-free access on most seafood exports, including mussels and salmon, over seven years
- Duty-free access on most iron, steel and scrap aluminium, over 10 years or less
- Duty-free access for most industrial products, over five to 10 years
- 50 per cent tariff cut for large quota of apples - nearly double recent average exports
- Duty-free access for kiwifruit within a quota almost four times our recent average exports, and tariff halved for exports outside of quota
- Duty-free access for cherries, avocados, persimmons and blueberries, over 10 years
- Tariffs on wine reduced from 150 percent to either 25 or 50 percent (depending on the value of the wine) over 10 years, plus a "Most Favoured Nations (MFN)" commitment
- Tariffs on mānuka honey cut from 66 percent to 16.5 percent over five years
- MFN status and liberalisation across services exports
- Duty-free access for dairy and other food ingredients for re-export from day one
- Duty-free access for bulk infant formula and other high-value dairy preparations over seven years
- 50 percent tariff cut for high value milk albumins within a NZ-specific quota equal to current export volumes
- The FTA establishes a process for up to an average of 1667 skilled, non-renewable and temporary 3-year work visas per year, with a focus on jobs where NZ has skills shortages, including doctors, nurses, teachers, ICT and engineering.
- A Working Holiday Scheme to be aligned with Australia’s Indian FTA, provides up to 1000 places each year.
https://www.stuff.co.nz/politics/360917870/government-secures-free-trade-deal-india
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