# India-New Zealand economic and trade relations

> Live situation record from CLSTR: https://clstr.news/situations/india-new-zealand-economic-and-trade-relations
> Updated: 2026-09-03T07:00:05.000Z. Sources: 18. Developments: 2.

Economic engagement between India and New Zealand has progressed toward the implementation of a Free Trade Agreement (FTA). Initial efforts focused on strengthening trade and investment through sessions held by the PHD Chamber of Commerce and Industry, addressing sectors such as energy, water, food security, and business management expertise.

The agreement is expected to take effect next month. Under the terms, 100 per cent of Indian exports to New Zealand will receive duty-free entry, eliminating previous tariffs of up to 10 per cent on items including automobiles, auto parts, ceramics, and carpets. Additionally, New Zealand has pledged to invest USD 20 billion in India over the next 15 years.

## Claims

- India will finalize its bilateral trade agreement with the US only after Indian exporters receive preferential tariff terms compared to competitors. (disputed by 5 sources)
- Negotiations for the India-US bilateral trade agreement are complete, with work now focused on fine-tuning the first tranche. (disputed by 2 sources)
- All 27 European Union member states support the Free Trade Agreement between India and the EU. (corroborated by 4 sources)
- The free trade agreement between India and New Zealand is expected to take effect next month. (single source)
- Under the FTA, 100 per cent of India's exports to New Zealand will receive duty-free entry. (single source)
- New Zealand has pledged to invest USD 20 billion in India over the next 15 years. (single source)
- India and Chile aim to conclude negotiations for a trade pact by next month. (single source)
- New Zealand and Australia are accelerating work toward a Single Economic Market (SEM) to deepen economic integration. (single source)
- India has set an export target of $1 trillion for the current year. (single source)
- India-EU merchandise trade reached approximately US$136.5 billion in 2024–25. (single source)
- Under the negotiated India-EU terms, Indian products receive preferential access across 97 per cent of EU tariff lines. (single source)

## Timeline

### 2026-09-03: India advances major trade deals with US, EU, and New Zealand

India is finalizing trade deals with the US and EU, seeking preferential tariffs in the US, while its FTA with New Zealand is expected to take effect next month, offering duty-free access for Indian exports.

16 sources. https://clstr.news/cluster/india-new-zealand-trade-pact-nears-implementation-amid-us-visa-warnings

### 2026-08-27: India expands economic ties with New Zealand and Dubai

India is expanding its economic footprint globally, strengthening trade ties with New Zealand via FTA discussions and seeing a surge in registered firms and investment within Dubai.

2 sources. https://clstr.news/cluster/india-expands-economic-ties-with-new-zealand-and-dubai

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Cite as: India-New Zealand economic and trade relations. CLSTR, https://clstr.news/situations/india-new-zealand-economic-and-trade-relations