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India-NZ Deal Eliminates Tariffs on 57% of Kiwi Exports
Modi's first NZ visit in 40 years yields a strategic partnership. An FTA eliminates tariffs on 57% of New Zealand exports, opening dairy and agriculture trade.
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India and New Zealand announced a strategic partnership on Saturday, as Prime Minister Narendra Modi made his first visit to Auckland in 40 years. New Zealand PM Christopher Luxon called the event "historic" and said the two countries will establish a framework to broaden cooperation beyond a recently concluded free trade agreement.
The FTA, signed earlier this year, will eliminate tariffs on 57% of New Zealand's exports to India on day one, Luxon said in a social media post. That covers dairy, meat, and timber products, though India's high tariffs on dairy remain a sensitive topic in bilateral talks.