India–New Zealand relations

==Economic relations==

==Economic relations==

In 2024, the total Indian-New Zealand bilateral trade in goods and services was worth US$2.4 billion, while the bilateral merchandise trade between 2024–2025 was worth US$1.3 billion.{{cite news |last1=Salve |first1=Priyanca |title=India and New Zealand announce trade pact making majority of goods trade duty free |url=https://www.cnbc.com/2025/12/22/india-new-zealand-fta-trade-deal.html |access-date=22 December 2025 |work=[[CNBC]] |date=22 December 2025}}

Bilateral merchandise trade was worth US$1.3 billion in 2024–2025, with total trade in goods and services of US$2.4 billion in 2024.{{cite news |last1=Salve |first1=Priyanca |title=India and New Zealand announce trade pact making majority of goods trade duty free |url=https://www.cnbc.com/2025/12/22/india-new-zealand-fta-trade-deal.html |access-date=22 December 2025 |work=[[CNBC]] |date=22 December 2025}}

On 22 December 2025, the Indian and New Zealand governments announced plans to sign a [[free trade agreement]] in 2026. This free trade agreement eliminates tariffs on 95% of New Zealand exports to India including [[kiwifruit]]s, [[apple]]s, meat, wool, coal, and forestry. While certain New Zealand dairy exports such as re-exports and bulk infant formula will be duty-free, most dairy products will still be subject to tariffs. Milk [[albumin]]s will be subject to a 50 percent tariff cut under a quota programme.{{cite news |title=FTA with India: 'Bad deal' or 'strategically significant milestone'? |url=https://www.rnz.co.nz/news/political/582507/fta-with-india-bad-deal-or-strategically-significant-milestone |access-date=22 December 2025 |work=[[RNZ]] |date=22 December 2025 |archive-url=https://web.archive.org/web/20251222204713/https://www.rnz.co.nz/news/political/582507/fta-with-india-bad-deal-or-strategically-significant-milestone |archive-date=22 December 2025 |url-status=live}} In return, New Zealand will also eliminate duties on all Indian exports including textiles, apparel, leather, footwear, marine products, gems and jewelry, handicrafts, engineering goods and automobiles. In addition, New Zealand will invest US$20 billion in India over the next twenty years and improve visa access for Indian professionals, skilled workers and students.

On 22 December 2025, the Indian and New Zealand governments announced plans to sign a [[free trade agreement]] in 2026. The agreement would eliminate tariffs on 95% of New Zealand exports to India including [[kiwifruit]]s, [[apple]]s, meat, wool, coal, and forestry. While certain New Zealand dairy exports such as re-exports and bulk infant formula will be duty-free, most dairy products will still be subject to tariffs. Milk [[albumin]]s will be subject to a 50 percent tariff cut under a quota programme.{{cite news |title=FTA with India: 'Bad deal' or 'strategically significant milestone'? |url=https://www.rnz.co.nz/news/political/582507/fta-with-india-bad-deal-or-strategically-significant-milestone |access-date=22 December 2025 |work=[[RNZ]] |date=22 December 2025 |archive-url=https://web.archive.org/web/20251222204713/https://www.rnz.co.nz/news/political/582507/fta-with-india-bad-deal-or-strategically-significant-milestone |archive-date=22 December 2025 |url-status=live}} In return, New Zealand will eliminate duties on all Indian exports, including textiles, apparel, leather, footwear, marine products, gems and jewelry, handicrafts, engineering goods and automobiles. In addition, New Zealand will invest US$20 billion in India over the next twenty years and improve visa access for Indian professionals, skilled workers and students.

Several New Zealand agricultural and industrial bodies including Export NZ, the NZ Forest Owners Association, the Meat Industry Association, [[Beef + Lamb New Zealand]], Horticulture New Zealand, NZ Timber Industry Federation, Wools of New Zealand welcomed the Indian-New Zealand free trade agreement. By contrast, the Dairy Companies Association expressed disappointment that core products like butter and cheese had been excluded from the agreement. In addition, [[New Zealand First]] leader [[Winston Peters]] opposed the agreement on the grounds that it disadvantaged New Zealand's dairy industry and boosted Indian immigration to New Zealand. Peters invoked the party's "agree to disagree" provision of its coalition agreement with the [[Sixth National Government of New Zealand|National-led coalition government]].

Several New Zealand agricultural and industrial bodies, including Export NZ, the NZ Forest Owners Association, the Meat Industry Association, [[Beef + Lamb New Zealand]], Horticulture New Zealand, NZ Timber Industry Federation, and Wools of New Zealand, welcomed the free trade agreement. The Dairy Companies Association expressed disappointment that core products such as butter and cheese had been excluded from the agreement. [[New Zealand First]] leader [[Winston Peters]] opposed the agreement on the grounds that it disadvantaged New Zealand's dairy industry and boosted Indian immigration to New Zealand. Peters invoked the party's "agree to disagree" provision of its coalition agreement with the [[Sixth National Government of New Zealand|National-led coalition government]].

== Cultural relations ==

== Cultural relations ==