India and New Zealand sign landmark free trade agreement in New Delhi

India and New Zealand signed a comprehensive free trade agreement in New Delhi on Monday, delivering duty-free access for 100 per cent of Indian exports to New Zealand while granting New Zealand exporters preferential treatment covering 95 per cent of their current shipments to India. The deal, concluded in a record nine months after negotiations opened in March 2025, marks one of India’s fastest trade pacts and New Zealand’s highest-quality agreement to date, according to its trade minister. The signing ceremony, attended by Indian commerce and industry minister Piyush Goyal and New Zealand trade and investment minister Todd McClay, alongside…