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On 2 April 2022, an interim agreement was signed by Ministers Dan Tehan, representing the Morrison government of Australia, and Piyush Goyal, representing the Modi Government of India. [1] [2] The agreement cuts tariffs on a range of Australian exports to India, including coal, lentils, sheep meat and wool, lobsters and rare earths. It also ...
Australia offered to eliminate duties on 100 percent tariff lines under the agreement. The bilateral trade agreement is estimated to increase from the present $31 billion to $45 to 50 billion in another five years. The trade pact will provide a fillip to the Gems and Jewellery sector of India, which are export-oriented. [4]
Australia: Australia–India Comprehensive Economic Cooperation Agreement (AI-CECA) CECA 2 April 2022 29 December 2022 [5] [6] Chile: India Chile Preferential Trade Agreement PTA 8 March 2006 11 September 2007 [7] [8] Japan: Japan India Comprehensive Economic Partnership Agreement (JICEPA) CEPA 16 February 2011 1 August 2011 [7] Malaysia
Australia was a founding member of the General Agreement on Tariffs and Trade (GATT) in 1947, which aimed to promote international trade by reducing tariffs and other trade barriers. The focus during this period was primarily on multilateral trade negotiations rather than bilateral agreements.
Australia–Singapore free trade agreement: Australia Singapore 2016 Australia–Thailand free trade agreement: Australia Thailand 2005 Australia–United States Free Trade Agreement: Australia United States 2004 Australia–Japan Free Trade Agreement: Australia Japan 2015 Australia–China Free Trade Agreement: Australia People's Republic of ...
Despite warm relationships between India and Australia, a promised free trade agreement seems unlikely, with Australian prime minister Malcolm Turnbull suggesting after his 2017 visit with his counterpart Narendra Modi "It may be that the conclusion will be reached that the parties are too far apart to enable a deal to be reached at this time".
South Korea is among 20 countries that have comprehensive free trade pacts with the United States. In the Asia-Pacific region, these include Australia and Singapore, while that with Japan focuses ...
Economic and Technology Cooperation Agreement; Australia–India Comprehensive Economic Cooperation Agreement; F. Canada–India Free Trade Agreement;