# India and New Zealand sign a free trade agreement to deepen economic ties.

*business · news · 2026-04-27 · WTOP*

## Key points

- India and New Zealand signed a free trade agreement cutting tariffs on 95% of New Zealand exports.
- All Indian exports to New Zealand will become duty-free under the agreement.
- New Zealand has pledged to invest $20 billion in India over the next 15 years.
- India has excluded dairy and certain agricultural products from the deal to protect its farmers.
- The agreement requires parliamentary ratification in New Zealand but is expected to pass bipartisan support.

**Countries:** India, New Zealand

[Read the full story on WTOP](https://wtop.com/world/2026/04/india-and-new-zealand-sign-a-free-trade-agreement-to-deepen-economic-ties/)

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