India–New Zealand FTA to Come into Force on 20th October 2026 on Vijay Dashmi, Opening New Opportunities for Indian Exporters

The Ministry of Commerce and Industry announced that the India–New Zealand Free Trade Agreement (FTA) will officially enter into force on 20th October 2026. The agreement provides 100% duty-free access for Indian goods to the New Zealand market, eliminating peak customs tariffs of up to 10% across sectors like textiles, leather, gems and jewellery, engineering, and pharmaceuticals. New Zealand has also offered market access in approximately 118 service sectors and committed to facilitate USD 20 billion of investment into India. The FTA includes provisions for temporary employment and working holiday visas for Indian professionals and youth, academic post-study work rights, an Agricultural Productivity Partnership with Centres of Excellence for crops like kiwifruit, apples, and honey, while excluding sensitive items like dairy and sugar to protect domestic producers.