**Summary of India-New Zealand Free Trade Agreement (FTA) Press Release**
**Overview**
On April 27, 2026, the Prime Minister’s Office (PMO) issued a press release highlighting an article authored by Union Minister Shri Piyush Goyal regarding the benefits of the India–New Zealand Free Trade Agreement (FTA). The Prime Minister, Shri Narendra Modi, shared the article via social media to underscore the strategic advantages of the agreement for various sectors of the Indian economy.
**Key Objectives and Benefits**
The FTA is designed to enhance bilateral trade and economic cooperation through the following provisions:
* **Tariff Removal:** The agreement eliminates tariffs on Indian exports, which is expected to boost labor-intensive sectors.
* **Support for MSMEs:** By facilitating easier market access, the FTA aims to strengthen Micro, Small, and Medium Enterprises (MSMEs).
* **Protection of Sensitive Sectors:** The policy explicitly ensures that the agriculture and dairy sectors remain fully protected to safeguard domestic interests.
* **Professional and Educational Growth:** The agreement expands opportunities for Indian students and skilled professionals in New Zealand.
* **Productivity and Investment:** The FTA includes commitments to support agricultural productivity and encourages mutual investment.
**Administrative Details**
* **Release Date:** 27 April 2026, 5:31 PM
* **Issued by:** PIB Delhi, Prime Minister's Office
* **Release ID:** 2255984
* **Visitor Counter:** 383 (at time of release)
* **Official Social Media Handle:** @PMOIndia
* **Available Languages:** Urdu, Marathi, Hindi, Assamese, Bengali, Gujarati, Kannada, and Malayalam.
Key Entities Referenced
India–New Zealand Free Trade Agreement (FTA): A bilateral agreement aimed at removing tariffs on Indian exports, boosting MSMEs and labour-intensive sectors, while protecting agriculture and dairy industries.
Shri Piyush Goyal: Union Minister who authored the article detailing the agreement's benefits for exports, skilled professionals, and agricultural productivity.
Shri Narendra Modi: Prime Minister of India who shared and highlighted the trade agreement's strategic benefits for Indian industry and professional sectors.
Prime Minister's Office
Prime Minister shares an article on India-New
Zealand FTA and its benefits
Posted On: 27 APR 2026 5:31PM by PIB Delhi
The Prime Minister, Shri Narendra Modi, has shared an article written by Union Minister, Shri Piyush
Goyal.
The article elaborates that the India–New Zealand Free Trade Agreement removes tariffs on Indian
exports, boosting labour-intensive sectors and strengthening MSMEs, while ensuring that sectors such as
agriculture and dairy remain fully protected. It further highlights that the agreement expands opportunities
for students and skilled professionals, along with support for agricultural productivity and investment
commitments.
The Prime Minister’s Office posted on X;
“Union Minister Shri @PiyushGoyal elaborates how the India-New Zealand FTA removes tariffs on
Indian exports, boosting labour-intensive sectors and strengthening MSMEs, while ensuring that sectors
like agriculture and dairy remain fully protected.
The FTA also expands opportunities for students and skilled professionals, alongside support for
agricultural productivity and investment commitments.”
Union Minister Shri @PiyushGoyal elaborates how the India-New Zealand FTA
removes tariffs on Indian exports, boosting labour-intensive sectors and
strengthening MSMEs, while ensuring that sectors like agriculture and dairy
remain fully protected.
The FTA also expands… https://t.co/b8dS3K3E7G
— PMO India (@PMOIndia) April 27, 2026
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MJPS/VJ
(Release ID: 2255984) Visitor Counter : 383
Read this release in: Urdu , Marathi , ही , Assamese , Bengali , Gujarati , Kannada , Malayalam