A comprehensive free trade agreement was recently signed between India and New Zealand.

• A comprehensive free trade agreement (FTA) has recently been concluded between India and New Zealand.

• This agreement is one of the fastest FTAs ​​concluded by India with a developed country.

• Negotiations for the comprehensive FTA formally began on March 16, 2025.

• The negotiations lasted nine months and were concluded after five formal rounds of talks.

• Under the FTA, zero-duty market access has been provided on all of New Zealand's tariff lines.

• This grants duty-free access to all Indian exports.

• Under the FTA, India has liberalized tariffs on approximately 70 percent of its tariff lines.