Page 36 - NIS English 16-31 May, 2026
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INTERNATIONAL | Free Trade Agreement
India Concludes 9 FTAs in 6 Years
India-New Zealand FTA – April 2026
The fastest-negotiated FTA Completed in just 9 months.
India-US Interim Trade Framework – February 2026
A step towards a comprehensive trade agreement
between India and the US.
India-EU FTA– January 2026
The largest trade agreement involving 27 European
Union member states.
India-Oman CEPA – December 2025
The agreement has the widest tariff coverage among
GCC nations
India-UK CETA – July 2025
Duty-free access for 99% of India’s exports
India-EFTA TEPA – March 2024 to October 2025
A historic agreement featuring an FDI commitment of
$100 billion
India-Australia ECTA – December 2022
India’s first agreement to provide for 100% tariff
elimination
India-UAE CEPA – May 2022
Bilateral trade crossed $100 billion mark in FY 2024-25
India-Mauritius CEPA – 2021
India’s first trade agreement with an African nation
Prime Minister Christopher Luxon described it as a of shifting global and regional dynamics, where reliable
“once-in-a-generation agreement,” which will grant New partnerships have become even more critical. New
Zealand exporters extensive access to India’s market Zealand views India as a key partner in fostering region-
of 1.4 billion people. This will expand market access, al stability, economic resilience, and shared prosperity.
boost export growth, and enable cooperation in sectors
such as agriculture. Meanwhile, New Zealand’s Minister INDIA-NEW ZEALAND FTA FINALIZED IN
for Trade and Investment, Todd McClay, noted that NINE MONTHS
approximately 6 percent of New Zealand’s population Official negotiations regarding the FTA commenced
traces its roots back to India. The Indian diaspora is on March 16, 2025, on the eve of the bilateral
making significant contributions across various fields. meeting between Prime Minister Narendra Modi
This agreement has been concluded amidst a period and New Zealand Prime Minister Christopher Luxon.
34 NEW INDIA SAMACHAR || May 16-31, 2026
