BusinessPhoto: Business StandardIndia-New Zealand FTA to Boost Bilateral Trade and Diversification
India's free-trade agreement with New Zealand, effective Tuesday, aims to expand bilateral trade and support India's diversification strategy amid geopolitical uncertainties. It is India's second Oceania trade deal after Australia. Annual trade currently stands at $1.2 billion. The pact offers duty-free access on all Indian exports to New Zealand, targeting a doubling of trade by 2030. Negotiations began in March 2025 and concluded in December, with signing in April 2026.
Business Standard·


