India and New Zealand conclude free trade agreement

Al JazeeraCenterEN 2 min read 100% complete by Caolán MageeDecember 22, 2025 at 12:08 PM

AI Summary

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In December 2025, India and New Zealand announced a free trade agreement designed to significantly increase trade between the two nations. The agreement, expected to be formally signed in early 2026, will grant India zero-duty access for all goods exported to New Zealand. In return, New Zealand will receive duty concessions and market access for approximately 70% of India’s tariff lines. New Zealand aims to expand exports of dairy, fruit, wool, and wine to India, while India anticipates gains in textiles, engineering goods, and marine products. New Zealand has also committed to investing $20 billion in India over 15 years. This agreement comes as countries globally seek to diversify trade links amid uncertainty caused by US tariffs.

Key Entities & Roles

Key Player Opposition Context

New Delhi 40% Ministry of Commerce and Industry 40% Wellington ×240% United States ×250% Donald Trump ×260% India ×790% New Zealand ×890%

Keywords

free trade agreement 100% india 90% new zealand 90% trade 80% tariffs 70% trade links 70% exports 60% market access 50% investment 40% protectionism 40%