A new Free Trade Agreement could see New Zealand-India relations climb to new highs - so long as it gets through the House

The deal struck after nine months of negotiations will lower or remove tariffs on 95-percent of our exports to India.

But New Zealand First's says it's a bad deal and won't be backing it.

Trade Minister Todd McClay's admitted the dairy sector would have liked to see more progress - but on the whole, it's a deal that delivers for New Zealand.

He suggests there'll be big opportunities for the farming sector overall - as the very high tariffs had limited the amount we could sell into that market for quite some time.