Global Trade & Exports
Weekly Roundup
Weekly Brief — Global Trade & Exports
India-New Zealand FTA Signed as Export Incentive Schemes Secure 2026-31 Extension
This report covers trade policy, customs duty amendments, and FTA developments from April 20 to April 27, 2026. The week was defined by the formalization of the India-New Zealand trade pact and the multi-year extension of key export remission schemes.
Key Statistics
| 8,284 | $20 Billion | ₹10 / Litre |
|---|---|---|
| Indian export products granted 100% duty-free access to New Zealand | Investment commitment from New Zealand over 15 years | Reduction in excise duty on petrol and diesel to stabilize costs |
Weekly Executive Summary
- Landmark FTA Signing: India and New Zealand signed a comprehensive Free Trade Agreement on April 27, 2026, marking a shift toward high-standard trade partnerships involving services and professional mobility (Ref).
- Export Scheme Continuity: The Ministry of Textiles and Commerce confirmed the extension of the RoSCTL and RoDTEP schemes beyond their March 31, 2026, expiry, ensuring long-term tax remission for the textile and apparel sectors [(Ref)](https://dashboard.policyindex.ai/smart…
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