Union Minister of Commerce and Industry Piyush Goyal and New Zealand's Minister for Trade and Investment Todd McClay visited the Taj Mahal in Agra, Uttar Pradesh, on April 26, 2026, ahead of the signing of a Free Trade Agreement (FTA) between the two countries. Goyal described the FTA as a key milestone in enhancing bilateral relations, marking a new chapter in their economic ties. The agreement, which began negotiations in March 2025 and concluded in December 2025, aims to provide unprecedented duty-free access for Indian exports to New Zealand while protecting sensitive sectors. This FTA is expected to boost market access for Indian goods and services, particularly in sectors like IT, healthcare, and education, while also serving as a gateway to Oceania and Pacific Island markets. Goyal emphasized that the FTA reflects shared values and a common vision for sustainable economic growth and mutual prosperity.