India-New Zealand Free Trade Agreement Takes Effect on October 20, 2026

India and New Zealand's free trade agreement came into effect on October 20, 2026, eliminating tariffs on 100% of Indian exports and incorporating $20 billion in foreign direct investment. The deal also reduces tariffs on 95% of New Zealand's exports to India, marking a significant boost to bilateral trade. The agreement was signed in April 2023 and ratified in September 2026.



