India's Trade Push: US Deal Progresses, Landmark NZ FTA Signed, Canada Next

• India-US trade deal discussions are at an advanced stage, with industry indicating a potential signing in January 2026, benefiting the gems and jewellery sector.
• India has successfully concluded a historic Free Trade Agreement (FTA) with New Zealand, marking its third pact with a '5 Eyes' country this fiscal year.
• The New Zealand FTA, uniquely led by women negotiators, grants zero-duty market access for 100% of India's exports and aims to double trade in 5 years.
• The NZ FTA opens 118 service sectors, offers post-study work visas for students, and provides quotas for professionals, while safeguarding sensitive Indian sectors.
• Union Commerce Minister Piyush Goyal confirmed significant progress on the US deal's tariff framework and announced upcoming FTA discussions with Canada.

Why It Matters: India aggressively pursues global trade, advancing US deal, finalizing NZ FTA, and eyeing Canada.