New Delhi, Dec. 29 -- India and Australia marked the third anniversary of their Economic Cooperation and Trade Agreement (ECTA), showing a significant rise in trade between the two nations.
The trade deal, which started three years ago, led to an 8 per cent growth in Indian exports to Australia during the 2024-25 financial year. This growth helped improve the overall trade balance for India.
A major change is also expected to take place from January 1, 2026, as 100 per cent of Australian tariff lines will become zero-duty for Indian exports. This means Indian goods can enter Australia without extra taxes, creating new chances for sectors that employ many workers.
Union Minister of Commerce and Industry Piyush Goyal, on Monday, shared t...
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