India, April 8 -- India and New Zealand are expected to sign a Free Trade Agreement (FTA) on April 24, which will provide tariff-free access to domestic exporters for their goods in the island nation's market, and will bring in $20 billion of investment over the next 15 years, an official said.

The two countries, on December 22 last year, announced the conclusion of negotiations for the trade deal, which aims at doubling bilateral trade to $5 billion in the next five years.

The official said that the pact is likely to be signed on April 24 in Bharat Mandapam.

While India will get zero-duty market access on 100 per cent of its exports, the agreement will eliminate or reduce tariffs on 95 per cent of New Zealand's exports to India, inclu...