# The pact was signed by Commerce and Industry Minister Piyush Goyal and visiting New Zealand's Trade and Investment Minister Todd McClay.

*business · news · 2026-04-27 · The Tribune*

## Key points

- India secured duty-free access for 100% of its exports to New Zealand in the new FTA.
- India will receive duty-free inputs like wooden logs and coking coal to lower manufacturing costs.
- India excluded sensitive products like dairy and major agricultural goods from tariff concessions.
- A new rebalancing clause ensures investment commitments are met, targeting $20 billion into India.

**Countries:** India, New Zealand

[Read the full story on The Tribune](https://www.tribuneindia.com/news/india/india-new-zealand-ink-free-trade-agreement-to-boost-textiles-gems-engineering-exports/)

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