India-New Zealand Free Trade Agreement to take effect from 20 October 2026
21 September 2026
Union Commerce and Industry Minister Piyush Goyal announced that the India-New Zealand Free Trade Agreement will come into force from 20 October 2026. He said the Agreement provides duty-free access for 100 per cent of Indian exports to New Zealand. The two sides aim to double bilateral trade in goods and services to almost ₹35,000 crore within the next four to five years. The Agreement also provides for facilitating 20 billion US dollars of investment into India.
Effective date:
20 October 2026
Duty-free access for Indian exports:
100 per cent
Investment facilitation into India:
US$ 20 billion
Why it matters for exams: India's FTAs and their effective dates and provisions are a regular economy/trade exam topic.
Kerala PSCUPSC