India-Australia Trade Agreement Marks 3 Years with Export Growth and Future Tariff Reductions
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India-Australia Trade Agreement Marks 3 Years with Export Growth and Future Tariff Reductions

India and Australia are celebrating the third anniversary of their Economic Cooperation and Trade Agreement (ECTA), which has reportedly boosted Indian exports to Australia by 8% in FY 2024-25. Union Minister Piyush Goyal highlighted sustained export growth, deeper market access, and improved supply chains benefiting various sectors, including manufacturing, gems and jewellery, and agriculture. A significant development is Australia's commitment to eliminate tariffs on 100% of Indian tariff lines from January 1, 2026, aiming to further enhance bilateral trade.

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