India and New Zealand Set to Launch Free Trade Agreement This October
The India-New Zealand free trade agreement is poised to commence on October 19, following its signing on April 27. This agreement aims to facilitate duty-free access for all Indian exports to New Zealand, while New Zealand has committed to a substantial investment of USD 20 billion in India over the next 15 years. With current tariffs on key Indian goods reaching up to 10%, this FTA is expected to significantly boost bilateral trade and investment between the two nations.
| Sep 15, 2026, 14:00 IST
Free Trade Agreement Between India and New Zealand
New Delhi: An official announcement indicates that the free trade agreement (FTA) between India and New Zealand is expected to take effect on October 19.
The two nations formalized the FTA on April 27, aiming to enhance bilateral trade in goods and services while encouraging investment opportunities.
This agreement allows for duty-free access for all of India's exports to New Zealand.
At present, New Zealand imposes peak tariffs reaching 10% on several significant Indian exports, such as ceramics, carpets, automobiles, and auto parts.
Additionally, New Zealand has pledged to invest USD 20 billion in India over the next 15 years.