Impetus to trade

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

DAWN OF NEW ERA “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.”

Piyush Goyal, Union commerce minister

BOOST FOR TIES “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.”

Anthony Albanese,

Australian PM