NZ–India Free Trade Agreement now in force
The New Zealand–India Free Trade Agreement (FTA) has entered into force. The agreement is now legally effective, and initial tariff reductions and other commitments can be used by eligible New Zealand exporters. This marks a new chapter in the New Zealand–India trade relationship, with the timing aligning with the festival of Dussehra, one of the most auspicious days in the Hindu calendar that celebrates new beginnings.
>> Read the official New Zealand Government announcement: India FTA now open for business | Beehive.govt.nz
From today, 57% of New Zealand’s current exports to India are duty-free. This is set to increase to 82% once the agreement is fully implemented, with a further 13% benefiting from sharp tariff cuts.
The FTA also provides more streamlined customs processes, increased transparency and greater certainty for exporters, creating new possibilities across food and beverage, forestry and wood products, advanced manufacturing, technology and services.
Businesses should now check the tariffs that apply to their products, confirm rules of origin and required evidence, and make sure customs, labelling, regulatory and certification requirements are met before claiming preferential treatment. Exporters already trading with India should also speak with importers, distributors and customs brokers about documentation, pricing, landed costs and shipment planning.
NZTE can help businesses understand what the FTA means for them and turn new market access into practical next steps. Through Illuminate India, exporters can access market insights, expert advice, webinars and events, commercial connections and support from NZTE’s team on the ground in India.
Visit our Supporting NZ Exporters in India webpage, explore NZTE’s Illuminate India resources on myNZTE, or contact IndiaFTA@nzte.govt.nz for help identifying the right support.