India-New Zealand Free Trade Agreement Concluded
Analysis based on 27 articles · First reported Dec 22, 2025 · Last updated Dec 27, 2025
The Free Trade Agreement between India and New Zealand is expected to significantly boost bilateral trade and investment, leading to increased market access for goods and services, and fostering economic growth in both nations. This will positively impact various sectors, including textiles, pharmaceuticals, engineering, agriculture, and IT, by reducing tariffs and creating new opportunities for businesses and professionals.
India and New Zealand have successfully concluded a landmark Free Trade Agreement (FTA) after nine months of negotiations, jointly announced by Prime Ministers Narendra Modi and Christopher Luxon. The agreement aims to significantly deepen bilateral economic engagement, enhance market access, promote investment flows, and strengthen strategic cooperation. New Zealand has committed to invest USD 20 billion in India over 15 years and has removed tariffs on 95% of its exports to India. It has also offered extensive market access in services sectors and introduced new visa pathways for Indian students and professionals. India, in turn, has offered market access in 106 services sectors and will reduce its average MFN tariff from 16.2% to 9.06% over ten years. The FTA is expected to double bilateral trade over the next five years and open new opportunities for innovators, entrepreneurs, farmers, MSMEs, students, and youth in both countries.
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