India and New Zealand successfully concluded negotiations for a forward-looking Free Trade Agreement (FTA), marking a historic milestone in bilateral economic relations. Finalised in just nine months after talks began in March 2025, the agreement is among India’s fastest-concluded FTAs and underscores the country’s expanding global trade engagement.
The FTA delivers duty-free access on 100% of Indian exports to New Zealand, while safeguarding sensitive domestic sectors. It strengthens market access, promotes services trade, creates mobility pathways for skilled professionals, and positions New Zealand as a gateway for India to the wider Oceania and Pacific markets.
Key highlights include commitments for temporary employment entry for Indian professionals, enhanced cooperation in AYUSH and traditional medicine, expanded opportunities in IT, engineering, healthcare, education and construction, and a USD 20 billion investment commitment from New Zealand over 15 years. The agreement also supports MSMEs, boosts agriculture productivity through technology partnerships, and enhances student and youth mobility.
Overall, the India–New Zealand FTA establishes a predictable and transparent framework that deepens economic resilience, encourages long-term investment, and promotes inclusive growth aligned with India’s national priorities.
