India and New Zealand Sign Free Trade Agreement

India and New Zealand have agreed on a new free trade deal to improve trade between the two countries. The agreement was finalized on April 27, 2026, with Indian Commerce Minister Piyush Goyal and New Zealand’s Trade Minister Todd McClay signing the pact.

The agreement aims to increase trade in goods and services, as well as attract investments. It will cover a wide range of products and industries, making it easier for businesses from both countries to trade with each other.

Under this deal, India will focus on exporting items like pharmaceuticals, chemicals, and textiles, while New Zealand will promote its agricultural products such as meat and dairy goods in the Indian market. The agreement also includes measures to reduce tariffs and simplify customs procedures.

Both nations hope the deal will strengthen their economic ties and create new opportunities for businesses. It is expected to boost India’s access to high-quality New Zealand products and help New Zealand companies expand their presence in India.

The free trade agreement reflects the growing partnership between India and New Zealand, which shares a strong commitment to open markets and regional cooperation. The deal is set to take effect after both countries ratify it through their respective legislative processes.