India Welcomes Passage of New Zealand Legislation to Give Effect to India-New Zealand FTA

India has welcomed the passage of legislation by the Parliament of New Zealand on September 16, 2026, to give effect to the India-New Zealand Free Trade Agreement (FTA) signed on April 27, 2026. The agreement provides duty-free access for 100 per cent of Indian exports to New Zealand, covering sectors such as textiles, apparel, leather, footwear, engineering goods, pharmaceuticals, agriculture, and processed food products. For New Zealand, the agreement provides enhanced and preferential market access for items like wood, wool, sheep meat, and leather raw hides. Furthermore, the pact covers services, investment, professional, student and youth mobility, targets USD 20 billion of investment into India, and strengthens cooperation in various fields.