India-New Zealand FTA Takes Effect: India’s free trade agreement with New Zealand came into force on October 20, 2026, eliminating tariffs on 100% of Indian exports and incorporating $20 billion in foreign direct investment into India. Additionally, 95% of New Zealand’s exports to India will enter tariff-free or at sharply reduced levies. The deal was originally signed in New Delhi on April 27 and ratified following New Zealand parliamentary legislation passed on September 16.
Published - October 20, 2026 03:44 pm IST