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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
Film co-productions between Australia and India received a significant double boost this week with the ratification of a treaty that was proposed last year and the Indian government’s major ...
The Australia-New Zealand Closer Economic Relations Trade Agreement (ANZCERTA), signed in 1983, marked a significant step towards bilateral trade agreements, creating a single economic market between the two nations. The 1990s saw Australia engaging in further bilateral agreements, including those with countries in the Asia-Pacific region.
The ASEAN nations are also central to the Regional Comprehensive Economic Partnership, or RCEP, a free trade agreement that was signed in 2020, creating the largest trade bloc in history. The 10 nations plus China, Japan, South Korea, Australia and New Zealand account for more than 30% of the world's population and about 30% of global GDP.
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 ...
The agreement was signed by Piyush Goyal, Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Government of India and Dan Tehan, the Minister for Trade, Tourism and Investment, Government of Australia in a virtual ceremony, in the presence of Prime Minister of India, Narendra Modi and the Prime ...