New Zealand Winegrowers supports backing for the India Free Trade Agreement – Winetitles
New Zealand Winegrowers has shown support for progressing a Free Trade Agreement with India. Image courtesy New Zealand Winegrowers
New Zealand Winegrowers has welcomed the announcement of Labour's support for progressing a Free Trade Agreement between New Zealand and India, "reinforcing trade as a shared priority".
Philip Gregan, CEO of New Zealand Winegrowers, said maintenance of bipartisan alignment on trade is very positive as it gives exporters certainty and reinforces New Zealand's reputation as a long-term trading partner.
"India represents a significant long-term opportunity for New Zealand wine, and sustained cross-party commitment will be key to delivering a high-quality agreement with real commercial outcomes," he said.
New Zealand Winegrowers views the FTA as positive news for the industry as wineries will be able to plan with confidence around a clear, decade-long tariff reduction pathway.
While it noted that current exports to India are very modest, sitting at just under NZ $300,000 (FOB) for 2025 due to the very high tariffs, "improved market access under the FTA is expected to make India increasingly attractive to New Zealand wine exporters over the coming years".
"We value the constructive approach taken across Parliament and the shared recognition of trade as a driver of growth, jobs, and regional prosperity," Gregan said.
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