India-New Zealand Conclude Landmark Free Trade Agreement

• 23 Dec 2025

On 22nd December 2025, India and New Zealand concluded a comprehensive, balanced and forward-looking Free Trade Agreement (FTA), marking a major economic and strategic milestone in India’s engagement with the Indo-Pacific region.

Key Points

• Zero-Duty Market Access: The FTA provides India with zero-tariff access on all goods exported to New Zealand, significantly enhancing competitiveness of Indian products.
• Gateway to Oceania: The agreement positions New Zealand as a strategic entry point for Indian exports into the wider Oceania and Pacific Island markets.
• Boost to Investments: As part of the FTA, New Zealand has committed to facilitating USD 20 billion in investments into India over the next 15 years, strengthening bilateral investment ties.
• Sector-Wide Benefits: The agreement is expected to expand opportunities in trade, tourism, research and development, education, innovation, and the services sector.
• Support to Farmers and Dairy Sector: The FTA will help Indian farmers and dairy producers improve quality, enhance productivity, and generate higher incomes through better market access and collaboration.
• Strengthening Bilateral Partnership: The FTA will further deepen the India–New Zealand economic partnership and support India’s long-term development goals.