 on April 27, following the successful conclusion){kind=link}
A comprehensive Free Trade Agreement opens new doors for trade, investment, and employment between the two nations.
April 27, 2026: India and New Zealand officially signed a historic Free Trade Agreement (FTA) on April 27, following the successful conclusion of negotiations between New Delhi and Wellington in December 2025. The agreement is wide-ranging, covering 20 chapters that include trade in goods, trade remedies, dispute settlement mechanisms, and legal frameworks, reflecting a strong commitment to deepen bilateral economic ties.
One of the major highlights of the FTA is New Zealand’s pledge to invest $20 billion in India over the next 15 years. In a significant boost for Indian exporters, the agreement ensures 100 percent elimination of duties on Indian goods entering the New Zealand market, making Indian products more competitive and accessible.
The agreement also opens new avenues for Indian professionals. Under a special provision, at least 5,000 visas—termed ‘Temporary Employment Entry Visas’—will be granted to skilled Indian workers, allowing them to work in New Zealand for up to three years. This move is expected to strengthen workforce mobility and enhance professional exchange between the two countries.