# India and New Zealand signed a historic Free Trade Agreement (FTA) on Monday.

*business · news · 2026-04-27 · Zee News*

## Key points

- India secured complete tariff elimination on all its exports to New Zealand under the new FTA.
- India's dairy and several farm products are excluded from the agreement, protecting sensitive sectors.
- New Zealand will facilitate $20 billion in investments into India over the next 15 years.
- A special annex enables Indian students in New Zealand to work 20 hours weekly and access extended post-study visas.
- Pharmaceuticals will get faster regulatory approvals via recognition of international GMP and GCP inspection reports.

**Countries:** India, New Zealand

[Read the full story on Zee News](https://zeenews.india.com/india/india-new-zealand-sign-historic-free-trade-agreement-3041429.html)

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