File photo of Indian Prime Minister Narendra Modi greeting visiting New Zealand PM Christopher Luxon before their meeting in New Delhi on March 17, 2025. (AP Photo/Manish Swarup, File)
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Moneycontrol22-12-2025, 16:51

India-New Zealand Seal Landmark FTA: What It Means for Trade & Strategy

  • India and New Zealand finalized a comprehensive FTA on December 22, 2025, aiming to diversify India's trade and counter global protectionism.
  • India gains full tariff elimination for its exports to New Zealand from day one, boosting sectors like textiles, engineering, and marine products.
  • India safeguarded its agriculture, excluding dairy products, goat meat, onions, and almonds from tariff liberalization.
  • New Zealand secured quota-based duty-free access for kiwifruit and preferential access for apples and mānuka honey.
  • The deal includes provisions for services, fintech, and a pathway for up to 1,667 skilled Indian workers annually in New Zealand.

Why It Matters: Landmark India-New Zealand FTA diversifies trade, protects agriculture, and opens new avenues for services and labor.

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