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Last Updated:April 27, 2026, 19:35 IST
Goyal and visiting New Zealand's Trade and Investment Minister Todd McClay inked a free trade agreement on Monday, which is expected to come into force by the end of this year.
India and New Zealand signed Free Trade Agreement. (Image: X/@PiyushGoyal)
After India signed the free trade agreement with New Zealand, Commerce and Industry Minister Piyush Goyal said that the deal is the seventh such pact signed under his tenure in the past three-and-a-half years. In addition to this, he informed that two more agreements with the European Union and the US are expected in the coming months.
Goyal and visiting New Zealand’s Trade and Investment Minister Todd McClay inked a free trade agreement on Monday, which is expected to come into force by the end of this year.
“With this (India-New Zealand) FTA, it is the seventh free trade agreement that I am signing in the last three and a half years. Two more to go very soon in the next few months with the European Union (EU) and the United States of America (USA)," Goyal said.
Notably, the NDA government has so far finalised FTAs with the UAE (implemented in May 2022), Australia (implemented in December 2022), the UK (signed in July 2025), EFTA bloc (implemented in October 2025), Oman (signed in December 2025), European Union (announced closure of negotiations in January 2026), and Mauritius (came into force from April 2021).
The remarks carry significance as an Indian official delegation returned from Washington last week after three days of talks with US authorities to finalise the first phase of a bilateral trade agreement.
The two sides discussed several areas, including market access, non-tariff measures, technical barriers to trade, customs and trade facilitation, investment promotion, economic security alignment, and digital trade.
On February 7, India and the US issued a joint statement finalising a framework for an interim trade agreement aimed at reciprocal and mutually beneficial trade.
This framework now requires recalibration in light of changes in the US tariff landscape.
(With agency inputs)
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First Published:
April 27, 2026, 19:35 IST
News india India Signs FTA With New Zealand, Piyush Goyal Hints At Two More In Coming Months
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