New Delhi, May 13 -- On April 27, 2026, India and New Zealand signed a landmark Free Trade Agreement (FTA), marking a major transformation in their bilateral economic relationship. Concluded within a record nine months, the agreement represents one of India's fastest-negotiated trade deals and reflects a strategic response to global trade disruptions, shifting supply chains, and increasing geopolitical competition. Key highlights of the pact include 100% duty-free access for Indian exports, immediate tariff elimination on more than 54% of New Zealand's goods, and a proposed investment commitment of nearly $20 billion over the next fifteen years. Both countries have also set a target to double bilateral trade to $5 billion by 2030.

The ag...