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India-Australia trade deal effective from Dec 29

The free trade agreement between India and Australia will be implemented from December 29. This will provide duty free access to thousands of domestic goods in that market.

Published: 01st December 2022 10:01 AM  |   Last Updated: 01st December 2022 10:01 AM   |  A+A A-

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By Express News Service

NEW DELHI: The free trade agreement between India and Australia will be implemented from December 29. This will provide duty-free access to thousands of domestic goods in that market.

The Economic Cooperation and Trade Agreement (ECTA) will provide duty-free access to Indian exporters of over 6,000 broad sectors, including textiles and leather in the Australian market. India’s goods exports to Australia stood at $8.3 billion and imports from the country aggregated to $16.75 billion in 2021-22.

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