India and New Zealand are set to sign a landmark Free Trade Agreement on April 27, 2026, enhancing trade ties, reducing tariffs, and creating new export and investment opportunities.

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• India and New Zealand will sign a Free Trade Agreement on April 27, 2026, marking a significant milestone in strengthening bilateral economic cooperation and expanding trade relations.
• The agreement will grant Indian exporters 100% duty-free access to the New Zealand market, significantly improving competitiveness across multiple sectors and boosting export growth.
• India will reduce or eliminate tariffs on 95% of imports from New Zealand, ensuring better market access while maintaining safeguards for sensitive domestic industries.
• Key sectors benefiting Indian exports include textiles, pharmaceuticals, engineering goods, gems and jewellery, and agricultural products, particularly supporting small and medium enterprises.
• Major imports from New Zealand such as dairy products, wool, wood, machinery, and agricultural goods will become more accessible under the reduced tariff structure.
• The FTA is one of India’s fastest negotiated trade agreements, with talks starting in March 2025 and concluding within less than a year in December 2025.
• Piyush Goyal played a key role in leading India’s trade negotiations, reflecting strong political commitment toward expanding global economic partnerships.
• The agreement strengthens India’s presence in the Indo-Pacific region, supports diversification of trade partners, and promotes a stable and predictable business environment for investors.