The Ministry of Finance announced on 21 October 2026 that India and New Zealand have signed a Memorandum of Cooperation (MoC) to electronically exchange origin data for trade in goods. This agreement, signed on 19 October 2026, aims to make cross-border trade more efficient and secure by using digitalisation to reduce information gaps. It supports the India-New Zealand Free Trade Agreement (FTA), which took effect on 20 October 2026. The arrangement is designed to help eligible businesses in both countries access trade preferences more reliably.
Key points
- MoC signed on 19 Oct 2026 for electronic exchange of origin data on goods
- Supports the India-New Zealand FTA which entered into force on 20 Oct 2026
- Aims to improve operational efficiency and provide greater certainty for traders
- Facilitates the use of trade preferences for eligible businesses in both nations
When it applies
- India-New Zealand FTA
- signing of the MoC
Who it affects
- eligible businesses
Refers to
- India-New Zealand Free Trade Agreement (FTA)