New Zealand’s Parliament has passed legislation to implement its free trade agreement (FTA) with India. The legislation was approved by a vote of 93–29 on September 16, 2026.

The agreement will reduce or remove tariffs on most New Zealand exports to India. About 95% of New Zealand exports will receive tariff cuts once the deal is fully implemented.

57% of Exports to Become Duty-Free

Under the agreement, 57% of New Zealand exports to India will become duty-free from day one.

New Zealand Trade Minister Todd McClay said the agreement will provide immediate benefits for exporters. The deal is also expected to reduce costs for industries such as kiwifruit.

The kiwifruit industry expects to save about $125 million in tariffs over five years, according to the New Zealand government.

Indian Goods to Get Duty-Free Access

The agreement provides duty-free access to New Zealand for all Indian goods.

New Zealand has also agreed to invest $20 billion in India over the next 15 years. The two countries signed the trade agreement in April 2026.

The deal also includes faster border clearance and preferential access in areas such as food, fibre, technology, education, tourism and professional services.

Trade to Grow Further

Two-way trade between India and New Zealand reached NZ$3.99 billion in the year to June 2026.

India was New Zealand’s ninth-largest goods and services export market during the period.

The agreement will take effect after both countries complete their respective ratification procedures. The two governments have also set a goal of doubling two-way trade by 2030.