India-Australia Trade Agreement Progress
India and Australia's trade ministers, Piyush Goyal and Don Farrell, recently met to review the progress of the Economic Cooperation and Trade Agreement (ECTA) and discuss future trade goals. The ECTA has boosted bilateral trade, with Australian exports to India reaching billion, including a 60% rise in agricultural exports. The ministers aim to increase trade to 0 billion by 2030. Negotiations for a more comprehensive trade deal, the Comprehensive Economic Cooperation Agreement (CECA), are ongoing. Key topics included tariff reductions, agricultural interests, and addressing sensitive sectors like India's dairy market.
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