India NZ Free Trade Pact Starts October 20

India and New Zealand ratified their free trade agreement on Monday and will implement it on October 20. The pact aims to boost bilateral trade and investment while eliminating tariffs on the majority of exports.

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A mobile crane carries a container to stack at Thar Dry Port in Sanand in the western state of Gujarat, India, July 15, 2026. REUTERS/Amit Dave

India and New Zealand ratified a bilateral free trade agreement on Monday afternoon, setting an implementation date of October 20. The pact aims to boost export markets as global trade policy shifts. Both nations aim to double bilateral trade from $2.3 billion by 2030.

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