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India deepens Indo-Pacific engagement with conclusion of FTA with New Zealand
Dec-22-2025

India has marked a major economic and strategic milestone in its engagement with the Indo-Pacific region, with conclusion of a comprehensive, balanced and forward-looking Free Trade Agreement (FTA) with New Zealand, one of India’s fastest-concluded FTAs aligned with the national vision of Viksit Bharat 2047. The FTA will promote employment, facilitate skill mobility, drive trade and investment-led growth, foster innovation for agricultural productivity, and enhance MSME participation to strengthen long-term economic resilience.

Besides, elimination of tariffs on 100% of its tariff lines, provides duty-free access for all Indian exports. This market access enhances the competitiveness of India’s labour-intensive sectors including textiles, apparel, leather, footwear, marine products, gems and jewellery, handicrafts, engineering goods and automobiles, directly supporting Indian workers, artisans, women, youth and MSMEs and integrating them deeper into global value chains.

The Agreement also significantly strengthens the investment partnership between the two countries. New Zealand has committed to facilitate investments of $20 billion into India over the next fifteen years, thereby supporting manufacturing, infrastructure, services, innovation and employment under India’s Make in India vision. Indian enterprises are also expected to benefit from their presence in New Zealand and access the wider Pacific Island markets.


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