India-New Zealand FTA to open new doors for skilled professionals: Diaspora

Provisions related to the services sector in the India-New Zealand Free Trade Agreement (FTA) will open up significant opportunities for highly skilled Indian professionals in areas such as information technology, designers, engineering, manufacturing, education and healthcare, members of the Indian diaspora in Auckland said. Negotiations for the FTA have been concluded and after completion of domestic approvals, it is expected to be implemented from next year. The trade deal will give India tariff-free access to the island nation's markets, bring in USD 20 billion of investment over the next 15 years and will give India more temporary employment visas, easier access for pharmaceuticals and medical devices. Auckland-based computer engineer Rani Singh said the pact is a timely move, especially for the technology and services sector. "While trade agreements are often discussed in terms of goods, this one feels particularly relevant to professionals like me because of its focus on ...