New Delhi, Sept. 16: New Zealand’s Parliament has passed legislation to implement the India Free Trade Agreement (FTA).
Lawmakers approved the legislation by 93 votes to 29 on Wednesday, September 16. Trade and Investment Minister Todd McClay welcomed the vote.
McClay said the result showed strong parliamentary support for the agreement and its expected economic benefits.
The FTA will provide New Zealand exporters greater access to the Indian market.
According to the New Zealand government, 57 percent of New Zealand exports to India will become duty free from the first day.
Once fully implemented, tariffs will be eliminated or reduced on 95 percent of New Zealand exports.
The kiwifruit industry alone is expected to save around NZ$125 million in tariffs over five years.
New Zealand India FTA Opens Wider Market Access
McClay said the agreement would also provide faster border clearance and improved access to India’s growing middle class.
The agreement covers opportunities across food, technology, education, tourism and professional services.
The FTA negotiations were announced in March 2025 and concluded later that year.
New Zealand and India signed the agreement in New Delhi in April 2026.
The agreement will enter into force after both countries complete their respective ratification procedures.
The New Zealand government expects the FTA to take effect later this year.
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