A new Free Trade Agreement is taking relations with India up a notch

The deal lowers or remove tariffs on 95 percent of our exports to India - with sheep meat, wool and forestry among the big winners.

It also establishes new temporary work visas in areas of skills shortages - and provides more Working Holiday places.

Trade Minister Todd McClay says he'd wanted greater market access in some areas like dairy - but we aren't worse off.

He says the ability to review the agreement and find improvements after one year, unlike with other agreements, is valuable to New Zealand.