New Zealand Parliament has approved legislation implementing the India-New Zealand free trade agreement, opening opportunities for expanded trade, investment and market access.

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• New Zealand Parliament passed legislation on September 16, 2026, to implement the India-New Zealand Free Trade Agreement by 93 votes to 29.
• The agreement was signed in New Delhi on April 27, 2026, after negotiations began in March 2025 and concluded in December.
• The trade agreement covers goods, services, border procedures and market access commitments, creating a framework for deeper bilateral economic cooperation.
• Around 95 percent of New Zealand exports to India will receive reduced or eliminated tariffs under the agreement.
• More than half of New Zealand exports are expected to become duty-free when the agreement enters into force following ratification.
• Indian goods will receive 100 percent duty-free access to New Zealand’s market once the agreement becomes operational.
• Bilateral trade reached NZ$3.99 billion in the year to June 2026, with India ranking ninth among New Zealand’s export markets.
• New Zealand has committed to investing about US$20 billion in India over 15 years, strengthening the agreement’s investment dimension.
• The agreement includes faster border clearance and preferential access for food, fibre, technology, education, tourism and professional services.
• India and New Zealand have set a target of doubling bilateral trade by 2030, alongside broader economic and commercial cooperation.