India-Australia Economic Cooperation and Trade Agreement has come into force from 29 December.
29/12/2022
India, Australia Economic Cooperation and Trade Agreement, ECTA has come into force from 29th December. Both countries signed the agreement on 2nd April 2022.
ECTA is India’s first trade agreement with a developed country after more than a decade.
The agreement covers cooperation in the entire gamut of bilateral economic and commercial relations between the two friendly countries.
According to exporters and industry veterans, the agreement will help double bilateral trade to US$ 45-50 billion in about five years.
