New Delhi, April 27 -- India and New Zealand signed the Free Trade Agreement (FTA) on Monday, marking a significant step in strengthening bilateral economic ties, with the pact expected to bring deep tariff cuts, expanded market access and enhanced services cooperation.

The deal signed between India's Commerce and Industry minister Piyush Goyal and New Zealand, Minister for Trade and Investment Todd McKlay is being described as one of India's fastest concluded bilateral trade deals.

The FTA discussion concluded in December 2025, after negotiations that began in March the same year, is being described as one of India's fastest trade deals to move from negotiations to signing in just nine months.

The agreement follows earlier negotiation...