InternationalFriday, 4 September 2026·Hindu Tamil Thisai
India–New Zealand FTA to start next month; 100% tariff-free access for Indian exports
India and New Zealand signed a free trade agreement on April 27, with tariff-free access for 100% of Indian exports and a promised $20 billion investment over 15 years.
Key highlights
Direct fact
In April 2026, India and New Zealand signed a free trade agreement on April 27, and the pact is set to come into force next month, giving 100% tariff-free market access to Indian exports.
Key specifics
- Signed on 27 April 2026 to expand bilateral trade in goods and services.
- India’s exports to New Zealand will get 100% duty-free market access under the agreement.
- New Zealand had imposed up to 10% import duty on items such as ceramics, carpets, vehicles and auto parts.
- New Zealand has promised to invest $20 billion in India over the next 15 years.
- India–Chile FTA talks are also progressing, with both sides aiming to conclude negotiations by next month.
Exam lens
Question type: International relations and trade agreements, India–New Zealand FTA, tariff-free access, $20 billion investment, April 27 signing. TNPSC may ask which country signed the FTA with India and what market access was granted.