InternationalWednesday, 16 September 2026·The Hindu - International
New Zealand passes India FTA law: 95% tariff cuts, 57% exports duty-free from day one
On September 16, 2026, New Zealand’s parliament passed legislation to implement an India FTA that cuts tariffs on about 95% of exports and makes 57% duty-free from day one.
Key highlights
Direct fact
In September 2026, New Zealand’s parliament passed a law to implement a free trade agreement with India, with 95% of New Zealand exports to India set for tariff elimination or reduction and 57% becoming duty-free from day one.
Key specifics
- The vote in New Zealand’s parliament was 93–29 on September 16, 2026.
- Trade Minister Todd McClay said 57% of New Zealand exports to India will be duty-free from the day the deal takes effect.
- About 95% of New Zealand exports to India will see tariffs eliminated or significantly reduced.
- The kiwifruit industry expects to save around $125 million in tariffs over five years.
- Two-way trade stood at NZ$3.99 billion in the year to June 2026, and India was New Zealand’s ninth-largest goods and services export market.
Exam lens
International relations and trade MCQ angle: India-New Zealand FTA, 93–29 vote, 95% tariff coverage, 57% duty-free, NZ$3.99 billion trade; TNPSC may ask the minister, the vote count and the tariff percentages.