Commerce and Industry Minister Piyush Goyal said in a tweet, “Glad that the India-Australia Economic Cooperation and Trade Agreement has been passed by the Australian Parliament.”
Australia’s Prime Minister Anthony Albanese announced that the country’s Free Trade Agreement (FTA) with India has been passed by its Parliament. Albanese tweeted that our Free Trade Agreement with India has been passed by the Parliament. This comes days after Albanese said that he would visit India in March next year. He made this announcement on the sidelines of the 17th edition of the G20 summit.
Australian Prime Minister Anthony Albanese said that I also met Prime Minister Modi of India, where we discussed finalizing the Closer Economic Cooperation Agreement between Australia and India, which we look forward to expanding the economic relationship between Australia and India. considered very important. I will visit India in March. We will take a business delegation to India. This will be an important visit and will improve our relations between our two countries.” Commerce and Industry Minister Piyush Goyal said in a tweet, “Happy that the India-Australia Economic Cooperation and Trade Agreement has been passed by the Australian Parliament Is.’
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Regarding the trade deal with India, Australian Trade Minister Don Farrell said during the last week that the deal is a great opportunity for Australian service companies and professionals to access the Indian market. Farrell said, India’s commitment to our bilateral economic partnership. The Australia-India Economic Cooperation and Trade Agreement (ECTA) was signed on 2 April. Once the FTA comes into force, over 6,000 Indian products including textiles, leather, furniture, jewelery and machinery will get duty-free access to the Australian market.