The India-Australia Trade Agreement: Strengthening the Strategic Partnership

On April 2, India and Australia inked a bilateral trade agreement, which would enter into force in three to four months once the Australian Parliament ratifies it following elections there. The India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA) is intended to increase bilateral trade from $27.5 billion to $45-50 billion in five years. According to the agreement, Australia offers zero duty access to India for approximately 9....