Tuesday, 23 December 2025
By Charlotte Cowan in The Shout
Image: Asia Media Centre
New Zealand Winegrowers says it welcomes yesterday’s announcement that the New Zealand Government has concluded negotiations on a Free Trade Agreement (FTA) with India, with the Agreement expected to be signed in the first half of 2026.
“This FTA is a significant step toward unlocking one of the world’s largest and fastest‑growing consumer markets,” says Philip Gregan, Chief Executive Officer of New Zealand Winegrowers.
“The phased reduction of India’s wine tariffs and the inclusion of a Most Favoured Nations (MFN) is a signal that the Indian market is opening up; this will encourage wineries to build their involvement in the India market over the coming decade.”
Under the FTA, India’s tariffs on wine will be reduced from 150% to either 25 or 50% (depending on the value of the wine) over 10 years. [READ MORE…]