Impetus to trade

The deal is expected to take two-way trade to $45-$50 billion in five years from the existing $31 billion

“India & Australia consolidate their long-standing partnership. Economic Cooperation & Trade Agreement, realised under the guidance of leaders of both countries... It is the dawn of a new era for our businesses

& people.”

Union commerce minister

“Australia and India are increasingly working together as strategic and economic partners… The Australia-india Economic Cooperation and Trade Agreement is the next step in elevating our relationship with

India.”

Australian PM