India-Australia free trade agreement to come into force from December 29
2 years ago

India-Australia free trade agreement to come into force from December 29

The Hindu  

The free trade agreement between India and Australia will come into force from December 29, a move which will help in almost doubling the bilateral commerce to $45-50 billion in around five years. "The Albanese government welcomes confirmation today that the Indian Government has completed its domestic requirements to enable implementation of the Australia-India Economic Cooperation and Trade Agreement," Australian Minister for Trade and Tourism Don Farrell said in a statement on Wednesday. "This trade agreement will deliver new market access opportunities for Australian businesses and consumers from 29 December 2022," it said. Commerce and industry minister Piyush Goyal said the implementation of the free trade pact "is the dawn of a whole new era".

India Trade Australia Access Indian Agreement Goods Sectors Australian  free  force  india  australian  29  sectors  goods  trade  australia  indian  agreement  indiaaustralia  tariffs  come  access

History of this topic

India-UK FTA talks: Both sides seek to bridge gaps to close deal expeditiously
1 month ago

India-UK FTA talks: Both sides seek to bridge gaps to close deal expeditiously

Live Mint  

New Delhi, Nov 20 India and the UK would seek to bridge the differences for expeditious conclusion of the proposed free trade agreement as Britain has announced resuming the negotiations early next year, an official statement said on Wednesday. British Prime Minister Keir Starmer has announced that trade talks with India will relaunch in the new year, following his bilateral …

India, U.K. to hold next round of talks on proposed trade agreement in July
5 months, 2 weeks ago

India, U.K. to hold next round of talks on proposed trade agreement in July

The Hindu  

With the new government taking charge in Britain, senior officials of India and the U.K. will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said. The Indian industry is demanding greater access for its skilled professionals from sectors like IT and healthcare in …

India, UK to resume negotiations on free trade agreement in next few weeks: Official
5 months, 2 weeks ago

India, UK to resume negotiations on free trade agreement in next few weeks: Official

India TV News  

New Delhi: With the new government taking charge in Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official told news agency PTI. The Indian industry is demanding greater access for its skilled professionals from sectors …

India raises issue of pharma pricing control in Australia
7 months, 2 weeks ago

India raises issue of pharma pricing control in Australia

Deccan Chronicle  

New Delhi: India has raised the issue of pharmaceutical pricing control in Australia, particularly on generic medicines, during a recent bilateral meeting between the officials of the two countries.The two sides have decided to work closely on timely resolution of market access issues, deepen people-to-people contacts, and create an institutional mechanism for sharing of preferential import data, the commerce ministry …

Do India’s Free Trade Agreements with European nations benefit the country? | In Focus podcast
8 months, 3 weeks ago

Do India’s Free Trade Agreements with European nations benefit the country? | In Focus podcast

The Hindu  

On March 10th, India signed a free trade agreement with a group of four European nations, committing to reduce tariffs. The balance of trade heavily favours the EFTA, with India importing about $22 billion in 2023 from the bloc, while India exported only about $3 billion to the bloc. But such free trade deals have not largely helped India’s export …

Watch | Trade diplomacy | What’s the status of India’s Free Trade Agreements?
9 months, 1 week ago

Watch | Trade diplomacy | What’s the status of India’s Free Trade Agreements?

The Hindu  

March 15, 2024 08:53 pm | Updated 09:18 pm IST As India signs a Free Trade Agreement with 4 European Nations, is there hope for other negotiations- from the UK and EU to Oman, Gulf and Eurasian countries? Let’s start with this week’s developments, and a flurry of activities around India’s Free Trade Agreement negotiations just ahead of elections being …

Negotiations on India, Oman free trade agreement progressing swiftly, pact likely to be inked next month, says official
11 months, 4 weeks ago

Negotiations on India, Oman free trade agreement progressing swiftly, pact likely to be inked next month, says official

Firstpost  

“With Oman, there is a very good progress and both sides are very eager to conclude this deal. It may be signed in January 2024,” said a government official The negotiations on much-awaited free trade agreement between India and Oman are progressing swiftly, with expectations of the agreement being formally signed next month. The pact would help increase exports from …

Australian envoy Philip Green hails ties between India, Australia
1 year ago

Australian envoy Philip Green hails ties between India, Australia

Hindustan Times  

Lauding the bilateral partnership between New Delhi and Canberra, the Ambassador of Australia to India, Philip Green OAM highlighted a remarkable two-way trade that has grown by more than 50 per cent over the past five years, adding that India is the most consequential relationship. Australian envoy Philip Green Emphasizing India's paramount significance in their bilateral relations, he expressed his …

After FTA, India and Australia to boost economic ties
1 year, 1 month ago

After FTA, India and Australia to boost economic ties

Hindustan Times  

New Delhi HT Image After successful conclusion of a preliminary free trade agreement last year, India and Australia have started discussions to take bilateral ties forward in areas such as digital trade, micro, small and medium enterprises, traditional knowledge, labour, and sports, two people aware of the development said. New Delhi and Canberra concluded the seventh round of talks regarding …

India's trade trajectory: FTAs and beyond
1 year, 1 month ago

India's trade trajectory: FTAs and beyond

Live Mint  

India has been refining its global trade strategy, emphasizing a fresh outlook on Free Trade Agreements. India's readiness to face these emerging challenges will determine how well it can fulfil its ambitions of becoming an export-oriented manufacturing hub Not so long ago, India embarked on a journey to strengthen its trade relations with several nations, forging FTAs that promised mutual …

India-UK likely to sign FTA deal by October end: Report
1 year, 2 months ago

India-UK likely to sign FTA deal by October end: Report

Live Mint  

India and the United Kingdom are expected to sign a proposed free-trade agreement deal at the end of October 2023, according to a report published by Economic Times. British Prime Minister Rishi Sunak has earlier reiterated his commitment to closer India-UK ties across different sectors, including a FTA, between the two countries. A 30-member official delegation from the UK started …

Trade and security ties with India gathering pace: Australian Speaker
1 year, 2 months ago

Trade and security ties with India gathering pace: Australian Speaker

The Hindu  

Security and trade cooperation between India and Australia are gathering pace, and relations between the two “rich and vibrant democracies” have never been stronger, said Milton Dick, Speaker of Australia’s House of Representatives. In an interview with The Hindu, Mr. Dick said Australia is currently resetting its relationship with China, but its ties with India are “unique” with trade, security, …

Confident of striking a modern, forward-looking free trade agreement: British PM Rishi Sunak on trade ties with India
1 year, 3 months ago

Confident of striking a modern, forward-looking free trade agreement: British PM Rishi Sunak on trade ties with India

The Hindu  

British Prime Minister Rishi Sunak on September 6 said there was “still some way to go” for a free trade pact with India to be finalised, but appeared confident that the final outcome will be a "forward-looking" and "modern" deal that would benefit both sides and facilitate shared ambition of doubling trade by 2030. In an exclusive interview to PTI, …

Australia and European Union fail to reach free trade deal despite visit to break deadlock
1 year, 5 months ago

Australia and European Union fail to reach free trade deal despite visit to break deadlock

ABC  

Australia and the European Union have failed to resolve five-year-long negotiations on a planned free trade agreement worth almost $100 billion. Key points: Australia's trade minister travelled to Brussels this week in an attempt to break the deadlock The EU wants to restrict Australia from using names including prosecco and feta Australia wants the deal "to achieve meaningful agricultural access …

India, UK still far apart on free trade deal: Report
1 year, 7 months ago

India, UK still far apart on free trade deal: Report

Live Mint  

India and Britain are struggling to make progress in free trade talks due to differences on some key tariff lines and investment protection rules, making a deal unlikely during Prime Minister Narendra Modi's second term ending next year, Indian sources said. Besides tariffs, Britain is also pushing India to agree on strong investment-protection provisions either as part of the deal …

Australia-UK free trade agreement to take effect within weeks, relaxing visa rules and scrapping tariffs
1 year, 7 months ago

Australia-UK free trade agreement to take effect within weeks, relaxing visa rules and scrapping tariffs

ABC  

A historic free trade agreement between Australia and the United Kingdom is set to be in place by the end of the month following years of negotiations. Key points: The deal eliminates tariffs on more than 99 per cent of Australian exports to the UK It will also be easier for Australians to live and work in the UK The …

Australia eyes opportunity with India's rising middle class, growing population with trade agreement
1 year, 8 months ago

Australia eyes opportunity with India's rising middle class, growing population with trade agreement

ABC  

India is on the cusp of becoming the world's most populous country, and it could spell new opportunities for trade and exports from Australia. Key points: Australia was the first western nation to sign a free-trade agreement with India India's rising middle class provides an opportunity for Australian agriculture Consumers in India are seeking lamb, pulses, and high-quality fruit and …

India, Australia agree for early conclusion of talks to expand trade pact; eye $100-billion trade
1 year, 9 months ago

India, Australia agree for early conclusion of talks to expand trade pact; eye $100-billion trade

The Hindu  

India and Australia on Saturday expressed their commitment for concluding the negotiations for expanding the scope of existing free trade agreement by the end of this year with an aim to push the bilateral trade to $100 billion. After the first India-Australia summit talks here on March 10 on a range of key issues, PM Albanese has said that both …

India, Australia vow to expand FTA scope with an aim to push bilateral trade to USD 100 billion | DETAILS
1 year, 9 months ago

India, Australia vow to expand FTA scope with an aim to push bilateral trade to USD 100 billion | DETAILS

India TV News  

India-Australia ties: In the latest development, India and Australia reaffirmed their resolve to wrap up talks to expand the existing Free Trade Agreement by the end of the year with an aim to increase bilateral trade to USD 100 billion. He also said that "we are very very dissatisfied" with the USD 30-billion bilateral trade and the officials of India …

Australia aims to bolster security, economic ties with India
1 year, 9 months ago

Australia aims to bolster security, economic ties with India

Associated Press  

NEW DELHI — The prime ministers of India and Australia on Friday expressed concern over an “increasingly uncertain global security environment” and committed themselves to strengthening their defense and security partnership to ensure stability in the Indo-Pacific. Australian Prime Minister Anthony Albanese, on a four-day visit to India, and his Indian counterpart Narendra Modi did not directly refer to Russia’s …

Trade pact unlocked enormous potential, says Australian PM
1 year, 9 months ago

Trade pact unlocked enormous potential, says Australian PM

The Hindu  

Visiting Australian Prime Minister Anthony Albanese in Mumbai on Thursday said the India-Australia Economic Cooperation & Trade Agreement, which recently came into force, has unlocked enormous potential in the relationship between the two countries. “It gives Australian businesses far greater access to the mighty Indian economy, a market of some 1.4 billion people and one of the world’s fastest growing …

India, Australia aim to boost economic, defence ties at first summit of PMs
1 year, 9 months ago

India, Australia aim to boost economic, defence ties at first summit of PMs

The Hindu  

Australia’s Prime Minister Anthony Albanese arrives in India on Wednesday seeking to strengthen the new momentum in ties between the two countries through deeper trade, investment and defence relations. The three-day visit by PM Albanese, the first by an Australian Prime Minister since 2017, comes days ahead of a visit by Japanese PM Fumio Kishida, another member of the so-called …

With trade pact becoming a reality, Australian PM set to visit India
1 year, 11 months ago

With trade pact becoming a reality, Australian PM set to visit India

The Hindu  

Australian Prime Minister Anthony Albanese is expected to visit India in March, diplomatic sources have confirmed. The visit is aimed at expressing Canberra’s political will for furthering bilateral ties that received a boost with the implementation of the Economic Cooperation and Trade Agreement last December 29 when Mr. Albanese announced the planned visit that is likely to include New Delhi …

India looking at multilateral agreements that are fair, equitable for all sides: Piyush Goyal
1 year, 11 months ago

India looking at multilateral agreements that are fair, equitable for all sides: Piyush Goyal

The Hindu  

Negotiations for bilateral free trade agreements with several countries are "well on track" and India is also looking at some multilateral pacts that are fair and equitable for all the member countries, Commerce and Industry Minister Piyush Goyal said on January 7. The country is negotiating FTAs with countries including Canada, European Union and the U.K. "We are well on …

India-Australia FTA: Cipla, Lupin, Sun And Other Top Drugmakers to Go Down Under in Bid to Push Up Exports
1 year, 11 months ago

India-Australia FTA: Cipla, Lupin, Sun And Other Top Drugmakers to Go Down Under in Bid to Push Up Exports

News 18  

India is looking at greater market access for its pharmaceutical products in Australia as its top drugmakers are set to visit the country in the first week of February, News18.com has learnt. The tour is a part of the pharmaceutical supply chain resilience initiative following India’s free trade agreement with Australia. All the top drugmakers of India such as Sun …

India-Australia major trade pact comes into effect
1 year, 11 months ago

India-Australia major trade pact comes into effect

Hindustan Times  

Commerce minister Piyush Goyal on Thursday formally operationalised the second major free trade agreement in 2022 – the India-Australia Economic and Cooperation Trade Agreement – by issuing preferential certificates of origin to some export consignments related to textiles, jewellery and pharmaceutical sectors in Mumbai. Piyush Goyal formally operationalised the India-Australia Economic and Cooperation Trade Agreement “All these products will attract …

Improving two-way trade: Australian PM Anthony Albanese to visit India in March 2023
1 year, 11 months ago

Improving two-way trade: Australian PM Anthony Albanese to visit India in March 2023

Firstpost  

Albanese issued the statement on Twitter as the Australia-India Economic Cooperation and Trade Agreement came into force. It stated that ECTA underscored the government’s commitment to delivering opportunities to diversify trade that are “commercially meaningful” for businesses of Australia Australian PM Anthony Albanese will be visiting India in March 2023. At the invitation of @narendramodi I will visit India in …

India, Bangladesh to soon start talks for free trade pact. Details here
2 years ago

India, Bangladesh to soon start talks for free trade pact. Details here

Live Mint  

With an aim to boost twi-way commerce and investments, India and Bangladesh on Thursday agreed to start negotiations for a free trade agreement at an early date. A joint feasibility study on the agreement, officially dubbed the Comprehensive Economic Partnership Agreement, has been carried out after the two countries agreed to explore the possibility of negotiating a trade pact, as …

Trade in goods, passenger vehicles to figure in India-UK FTA negotiations
2 years ago

Trade in goods, passenger vehicles to figure in India-UK FTA negotiations

Firstpost  

India and the UK are negotiating a free trade agreement since January 13, 2022. India and the UK have so far completed five rounds of negotiations for a proposed free trade agreement and both countries are working with an aim to conclude the talks at the earliest New Delhi: Trade in goods, including passenger vehicles, is one of the areas …

Top news of the day: November 30, 2022
2 years ago

Top news of the day: November 30, 2022

The Hindu  

Supreme Court to look into Bilkis Bano’s petitions against release of 11 convicts Chief Justice of India D. Y. Chandrachud on Wednesday agreed to look into the listing of two petitions filed by Bilkis Bano, who was gangraped in the Gujarat riots, against the Gujarat Government’s decision to prematurely release 11 convicts serving life sentence in her case. Making an …

India, Australia free trade agreement to come into force from December 29
2 years ago

India, Australia free trade agreement to come into force from December 29

India TV News  

The free trade agreement between India and Australia will come into force from December 29, a move which will help in almost doubling the bilateral commerce to USD 45-50 billion in around five years. "The Albanese government welcomes confirmation today that the Indian Government has completed its domestic requirements to enable implementation of the Australia-India Economic Cooperation and Trade Agreement," …

Opening stance: The Hindu Editorial on the Australian parliament ratification of trade pact with India
2 years ago

Opening stance: The Hindu Editorial on the Australian parliament ratification of trade pact with India

The Hindu  

In what would be India’s first major free trade deal with a developed economy in over a decade, the first phase of a pact sealed with Australia in April this year is likely to be operationalised soon, paving easier market access for Indian services and goods. While the two countries are already part of recently formed global cliques such as …

DC Edit | A win-win deal for India, Australia
2 years, 1 month ago

DC Edit | A win-win deal for India, Australia

Deccan Chronicle  

The Australian Parliament on Tuesday approved the free trade agreement with India, capping over a decade-long negotiations between two countries. This is the second free trade deal that India clinched in two years after it signed such an agreement with the United Arab Emirates. Unlike other deals in the pipeline, the free trade deal with Australia is expected to become …

What India gains from FTA with Australia
2 years, 1 month ago

What India gains from FTA with Australia

Live Mint  

After 10 years of negotiations, India and Australia have finally agreed an interim free trade deal. Export council Pharmexcil’s Director General Ravi Uday Bhaskar said India has the highest number of USFDA-approved sites and other stringent regulatory agencies approvals too — which will yield results once ECTA comes into effect. FIEO also expects India’s share in Australia’s US$ 13 billion …

India-Australia FTA: A Great Deal Has Been Achieved, Says NITI Aayog's Vice-Chairman
2 years, 1 month ago

India-Australia FTA: A Great Deal Has Been Achieved, Says NITI Aayog's Vice-Chairman

ABP News  

After the Australian Parliament passed a bilateral free trade agreement with India on Tuesday, Vice-chairman of NITI Aayog Suman Bery on Wednesday hailed the agreement between the two countries. According to a tweet by news agency ANI, Bery on the India Australia Trade deal said, “A great deal has been achieved between India and Australia both in the terms of …

Trade pact a step closer as Australia parliament gives nod to India deal
2 years, 1 month ago

Trade pact a step closer as Australia parliament gives nod to India deal

Hindustan Times  

The India-Australia trade agreement is expected to be operational by early 2023 as both sides are expeditiously completing formalities – while New Delhi has sent the pact for Presidential assent, Australian Prime Minister Anthony Albanese on Tuesday tweeted that it has “passed though” Australian parliament. The passage of legislation demonstrates Australia’s commitment to free trade and the rules-based trading system, …

Australian parliament okays interim trade pact with India
2 years, 1 month ago

Australian parliament okays interim trade pact with India

Live Mint  

NEW DELHI: The Australian parliament on Tuesday ratified the interim India-Australia Economic Cooperation and Trade Agreement, marking a major milestone in India’s efforts to boost global trade. “For the first time, we have got visas for Indian chefs and yoga instructors, and we have also got a commitment that students who go from India to study in Australia get an …

Ind-Aus trade agreement will benefit IT, textile, pharma industries, says Piyush Goyal | 5 points
2 years, 1 month ago

Ind-Aus trade agreement will benefit IT, textile, pharma industries, says Piyush Goyal | 5 points

Hindustan Times  

After India-Australia landed a trade agreement Tuesday, Union minister Piyush Goyal, calling it a “landmark” moment for both nations, reflected on its implications at a press conference. Goyal highlighted the areas that would benefit from the deal as he underlined it being India’s first agreement of “such a kind with a developed country after a decade.” Commerce minister Piyush Goyal …

Economic Cooperation and Trade Agreement with Australia will significantly open up opportunities for Indian businesses: Piyush Goyal
2 years, 1 month ago

Economic Cooperation and Trade Agreement with Australia will significantly open up opportunities for Indian businesses: Piyush Goyal

The Hindu  

NEW DELHI The trade pact with Australia that was ratified by the Australian Parliament on November 22 will “significantly open up opportunities” for many Indian business sectors, said Commerce and Industry Minister Piyush Goyal on Tuesday. Speaking at a press conference, Mr. Goyal welcomed the bipartisan support extended by Australia to the Economic Cooperation and Trade Agreement that was signed …

Australian PM Albanese announces free trade agreement with India
2 years, 1 month ago

Australian PM Albanese announces free trade agreement with India

Live Mint  

Australian Parliament has passed the country's Free trade Agreement with India today, Tuesday, announced Prime Minister Anthony Albanese on his official Twitter handle. Once implemented, the trade agreement will provide duty-free access to the Australian market for over 6,000 broad sectors of India, including textiles, leather, furniture, jewellery and machinery, PTI reported. Addressing the presser on Wednesday, Albanese said, “I …

Australia ratifies free trade deals with India and Britain
2 years, 1 month ago

Australia ratifies free trade deals with India and Britain

Associated Press  

CANBERRA, Australia — Australia’s Parliament passed bilateral free trade agreements with India and Britain on Tuesday, leaving those partner nations to bring the deals into force. The deals are crucial for Australia to diversify its exports from the troubled Chinese market to India and to Britain’s need to forge new bilateral trade relations since it left the European Union. Farrell …

Australia ratifies free trade deals with India and Britain
2 years, 1 month ago

Australia ratifies free trade deals with India and Britain

The Hindu  

Australia’s Parliament passed bilateral free trade agreements with India and Britain on Tuesday, November 22, 2022, leaving those partner nations to bring the deals into force. The deals are crucial for Australia to diversify its exports from the troubled Chinese market to India and to Britain’s need to forge new bilateral trade relations since it left the European Union. ‘Ties …

Australia-India trade pact is set for quick ratification, says Australian Minister
2 years, 1 month ago

Australia-India trade pact is set for quick ratification, says Australian Minister

The Hindu  

A key legislative committee in the Australian Parliament has endorsed the India-Australia trade pact which will send a powerful “signal” to businesses on both sides, Australia’s Assistant Minister for Foreign Affairs Tim Watts said here on Saturday. It’s going to put the spotlight on trade between Australia and India.” The Minister who once visited India during his younger years just …

India-U.K. trade pact talks moving in right direction: Commerce Secretary
2 years, 2 months ago

India-U.K. trade pact talks moving in right direction: Commerce Secretary

The Hindu  

Negotiations for the proposed trade pact between India and the United Kingdom are moving in the right direction, and both sides are expected to reach an agreement soon, a top government official said on Thursday, October 20, 2022. In January, both countries formally launched talks for a free trade agreement to boost bilateral trade and investments. In such pacts, two …

Historic trade deal: How Australia-India ‘ECTA’ is a global model
2 years, 4 months ago

Historic trade deal: How Australia-India ‘ECTA’ is a global model

Firstpost  

Recent reports suggest that the Business Council of Canada has urged the government of the north American nation to try and seal a trade deal with India on the lines of the Australia-India Economic Cooperation and Trade Agreement. The Canada business body has argued in a report that ECTA represents a great example of building business ties with India, currently …

India, Australia winemakers step up alliance ahead of FTA
2 years, 5 months ago

India, Australia winemakers step up alliance ahead of FTA

Live Mint  

Indian winemakers have accelerated partnerships with Australian wineries in areas such as disease management, planting imported grape vines and ensuring smoother customs clearances at Indian ports. Though the interim free trade agreement signed in April is yet to be ratified; at a virtual meeting last month, industry representatives from both countries agreed to help lower the cost of growing grapes …

Hopeful for conclusion of India-UK free trade agreement by Diwali: Piyush Goyal
2 years, 6 months ago

Hopeful for conclusion of India-UK free trade agreement by Diwali: Piyush Goyal

Firstpost  

The minister for commerce and industry and textiles said that the government is moving ahead on free trade pacts with Canada, European Union and the UK New Delhi: Union Minister Piyush Goyal has expressed hope that the free trade agreement between India and the United Kingdom will be concluded by Diwali. The minister for commerce and industry and textiles said …

Hopeful for conclusion of India-U.K. free trade agreement by Diwali, says Piyush Goyal
2 years, 6 months ago

Hopeful for conclusion of India-U.K. free trade agreement by Diwali, says Piyush Goyal

The Hindu  

Union Minister Piyush Goyal has expressed hope that the free trade agreement between India and the United Kingdom will be concluded by Diwali. The Minister for Commerce and Industry and Textiles said that the government is moving ahead on free trade pacts with Canada, European Union and the U.K. Moreover, Mr. Goyal informed that Australia, Israel and the Gulf Cooperation …

India and Australia's Historic Trade Deal is a Win-Win for Both and a Bigger Win For the Quad
2 years, 8 months ago

India and Australia's Historic Trade Deal is a Win-Win for Both and a Bigger Win For the Quad

News 18  

Two of the largest middle power democratic nations of the Southern hemisphere, Australia and India, will start navigating more ways across the vast Indian Ocean Region, creating synergies not witnessed before, opening significant opportunities. Minister Goyal started his Australian visit after signing ECTA, by addressing the apex, pre-eminent Australia India Chamber of Commerce at the historical MCG venue on 6 …

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