India-New Zealand FTA: Landmark Deal Promises Billions in Trade, Jobs

• India and New Zealand concluded negotiations for a comprehensive Free Trade Agreement (FTA) on December 22, 2025, aiming to significantly boost bilateral trade.
• India gains immediate zero-duty access for all its exports to New Zealand, while New Zealand receives preferential market access for 70% of India's tariff lines.
• New Zealand secures quota-based, duty-free access for kiwifruit and preferential access for apples and mānuka honey, with India protecting sensitive dairy products.
• The FTA expands services, fintech, and includes provisions for up to 1,667 skilled Indian workers annually and an expanded working holiday scheme in New Zealand.
• New Zealand commits $20 billion investment in India over 15 years, with both countries targeting to double bilateral trade within five years.

Why It Matters: Historic India-New Zealand FTA concluded, set to unlock substantial trade, investment, and job opportunities for both nations.