At its core, the agreement focusses on making trade easier and cheaper. One of the biggest highlights is that New Zealand will remove tariffs on all 8,284 product categories. This means Indian goods will get duty-free access right from the start.

A key feature of the pact is enhanced mobility for professionals. New Zealand has agreed to provide a temporary employment visa pathway for up to 5,000 Indian professionals annually, allowing stays of up to three years.