The Federation of Indian Export Organisations (FIEO) has expressed satisfaction with the signing of the India–New Zealand free trade agreement, considering it a significant development for Indian exporters. FIEO President S.C. Ralhan praised the swift conclusion of the agreement, highlighting the mutual economic goals of both nations.
According to Ralhan, the provision of zero-duty access for Indian exports across all tariff lines marks a historic milestone. This move is expected to improve the competitiveness of Indian goods in the New Zealand market and stimulate employment in key sectors. Additionally, New Zealand’s commitment of $20 billion in investments under the FTA is seen as a vote of confidence in India’s growth trajectory, which is anticipated to fuel manufacturing, innovation, and job creation.
The agreement also includes progressive clauses related to services, mobility, educational opportunities, and traditional medicine, which are believed to benefit India’s skilled workforce and youth. Notably, the pact emphasizes support for Indian agricultural exports to New Zealand, covering a range of products such as fruits, vegetables, coffee, spices, cereals, and processed foods. Initiatives like the Agricultural Productivity Partnership and access to advanced agri-technologies from New Zealand are expected to enhance productivity, quality, and farmers’ incomes.
FIEO views the India–New Zealand FTA as a forward-looking accord that will deepen economic ties, promote people-to-people connections, and align with India’s long-term vision of Viksit Bharat 2047. Similarly, the PHD Chamber of Commerce and Industry (PHDCCI) has lauded the agreement, stating that it aligns with India’s vision for 2047 and will boost competitiveness, integrate Indian industries into global value chains, and foster cooperation in various sectors.
The deal is described as a next-generation agreement that combines trade liberalization with talent mobility, investment, and productivity-focused collaboration. It includes agricultural safeguards and technology partnerships to safeguard farmer interests while enhancing productivity. By ensuring policy certainty and reducing manufacturing costs, the agreement aims to bolster long-term economic resilience.
agricultural growth Agricultural Productivity Partnership Centres of Excellence economic resilience Federation of Indian Export Organisations global value chains India Indian agricultural exports Indian exporters investment commitments new zealand PHD Chamber of Commerce and Industry policy certainty productivity-led cooperation Rajeev Juneja Ranjeet Mehta S.C. Ralhan skilled professionals talent mobility trade liberalization traditional medicine Viksit Bharat @ 2047 youth zero-duty access
