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Australia announces free trade deal with India

Australia announces free trade deal with India

Australian Parliament has passed Free Trade Agreement (FTA) with India. Prime minister Anthony Albanese on Tesday gave this breaking news in a tweet. This comes a few days after Albanese said that he will visit India in March next year. He announced this on the sidelines of the 17th edition of the G20 summit. 

"We'll take a business delegation to India. And that will be an important visit and an upgrade in the relationship that we have between our two nations," he added.Last week, Australian Trade Minister Don Farrell said that the trade agreement with India presents an enormous opportunity for Australian services companies and professionals accessing the Indian market.

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