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India–New Zealand Free Trade Agreement
May 1 , 2026
14 hrs 0 min
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- India and New Zealand signed a landmark Free Trade Agreement (FTA).
- New Zealand will give 100% duty-free access to Indian exports, helping sectors like MSMEs (Micro, Small and Medium Enterprises), textiles and leather.
- New Zealand will invest USD 20 billion in India over 15 years as FDI (Foreign Direct Investment).
- India opened 70% tariff lines but kept 30% excluded to protect sectors like dairy, sugar and farmers.
- The agreement includes Rules of Origin to stop misuse and allows visas for students and skilled workers.
- It also promotes AYUSH (Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy) and improves trade and services between both countries.
- Seven other free trade agreements in the past three and a half years with Mauritius, the UAE, Australia, the EFTA nations (European Free Trade Association - Iceland, Liechtenstein, Norway, and Switzerland), the U.K., the EU, Oman, and now New Zealand have been signed by India.
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