The India-New Zealand Free Trade Agreement (FTA), signed in April 2026, came into force alongside the announcement of the Strategic Partnership on July 11, 2026. The FTA eliminates tariffs on 57% of all New Zealand exports to India on day one. New Zealand PM Christopher Luxon described India as 'a huge opportunity' for New Zealand to capitalise on the next 50 years of growth. The NZD 20 billion investment target and a 2030 Roadmap were agreed upon. Key NZ exports to India: dairy, meat, wool, kiwifruit, and seafood. India's major exports to NZ: pharmaceuticals, machinery, textiles, and IT services.
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India-New Zealand FTA in Force: 57% NZ Exports Tariff-Free Day One; NZD 20 Billion Investment Target; 2030 Roadmap
Key Points
- The India-New Zealand Free Trade Agreement (FTA), signed in April 2026, came into force alongside the announcement of the Strategic Partnership on July 11, 2026
- The FTA eliminates tariffs on 57% of all New Zealand exports to India on day one
- New Zealand PM Christopher Luxon described India as 'a huge opportunity' for New Zealand to capitalise on the next 50 years of growth
- The NZD 20 billion investment target and a 2030 Roadmap were agreed upon
- Key NZ exports to India: dairy, meat, wool, kiwifruit, and seafood
- India's major exports to NZ: pharmaceuticals, machinery, textiles, and IT services
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• India-NZ FTA (signed April 2026): 57% NZ exports tariff-free day one; operative from Jul 11, 2026 • NZD 20 billion investment target; Roadmap to 2030; NZ PM: Christopher Luxon (National Party) • Key NZ exports to India: dairy, meat, wool, kiwifruit, seafood • India-NZ: Strategic Partnership announced July 11, 2026 (first Indian PM visit to NZ in 40 years)
